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Doosan Fuel Cell (336260.KS) Q1 2026: Revenue Surges 45%, Backlog Crashes to ₩30B

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Doosan Fuel Cell (336260.KS) Q1 2026: Revenue Surges 45%, Backlog Crashes to ₩30B

Doosan Fuel Cell (336260.KS) Q1 2026: Revenue Surges 45%, Backlog Crashes to ₩30B

The operating loss nearly vanished as a concentrated wave of fuel cell deliveries lifted gross margins from zero to 7%, but the main unit order backlog is now almost fully depleted — and net loss widened anyway as borrowing costs doubled.

Source: Q1 2026 Quarterly Report (8th fiscal year, Q1; January 1–March 31, 2026) — Filed May 14, 2026 with DART | Consolidated K-IFRS Financial Statements | Unit: ₩ billions

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Doosan Fuel Cell (336260.KS) Q1 2026: Revenue Surges 45%, Backlog Crashes to ₩30B

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