Hanjin Kal stock reports a KRW 87.0 billion Q2 loss

Published on 09/30/2026 at 06:46 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Hanjin Kal stock posted a KRW 87.0 billion net loss in Q2 2026. Revenue reached KRW 71.5 billion and operating income rose to KRW 16.8 billion.

Hanjin Kal, KR7025540006, Illustration mit AI erstellt.

Hanjin Kal (ISIN KR7025540006) stock is carrying a KRW 87.0 billion net loss for Q2 2026, while quarterly revenue reached KRW 71.5 billion. The governance backdrop sharpened on September 7, when Chosun.com reported a police search involving allegations tied to 440,440 treasury shares valued at KRW 66.3 billion.

Q2 profit split widens

According to StockRay, Hanjin Kal generated KRW 71.5 billion in revenue in Q2 2026, up 2.7 percent on the displayed comparison. Operating income reached KRW 16.8 billion, while net income fell to a KRW 87.0 billion loss.

The figures show why the holding company requires a different reading from a conventional airline operator. Operating income remained positive, but the bottom line was pulled sharply lower by non-operating effects and the results of affiliated companies. The contrast is visible in the quarter's 23.5 percent operating margin and negative net income.

Governance remains the catalyst

The September 7 search added a legal and governance dimension to the ownership contest around Hanjin Kal. The reported treasury-share transfer involved 440,440 shares and a stated value of KRW 66.3 billion, making the dispute material relative to the company's market value.

Hanjin Kal is the holding company of Korean Air and operates across aviation, hospitality, travel services, property leasing and related businesses. Its earnings therefore depend on both operating performance and the valuation and profitability of its affiliated holdings, a structure that can produce a positive operating result alongside a large quarterly net loss.

Market value stays substantial

Hanjin Kal had a market capitalization of KRW 8.9 trillion on September 30, 2026, on the Korea Exchange KOSPI market. That valuation places the governance dispute alongside Q2's KRW 71.5 billion revenue, KRW 16.8 billion operating income and KRW 87.0 billion net loss as the central figures for assessing the stock.