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Gaon Cable (000500.KS) Q1 2026: Profit Up 27% as Copper Spike Burns ₩170.9B Cash

By MinJeKim2 views
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Gaon Cable (000500.KS) Q1 2026: Profit Up 27% as Copper Spike Burns ₩170.9B Cash

Gaon Cable (000500.KS) Q1 2026: Profit Up 27% as Copper Spike Burns ₩170.9B Cash

Strong headline growth masks a structural cash drain: surging copper prices consumed ₩207.7 billion in working capital, flipping operating cash flow deeply negative even as earnings beat the prior year.

Source: Quarterly Report (79th Fiscal Year, Q1) — Filed May 15, 2026 with DART | Consolidated Financial Statements | Unit: ₩ billions

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Gaon Cable (000500.KS) Q1 2026: Profit Up 27% as Copper Spike Burns ₩170.9B Cash

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