Seah Besteel stock reports 17.8 percent revenue growth

Published on 10/05/2026 at 18:39 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Seah Besteel stock posted KRW 1.14 trillion of Q2 revenue and KRW 59.8 billion of operating profit. Seven analysts set a KRW 68,171.43 average target.

Seah Besteel, KR7001430008, Illustration mit AI erstellt.

Seah Besteel (ISIN KR7001430008) reported KRW 1.14 trillion in revenue for Q2 2026, up 17.8 percent from the year-earlier quarter. The result gives the steelmaker a clear operating checkpoint as its next report is scheduled for October 29, 2026, according to TradingView.

Q2 revenue grew 17.8 percent

According to ATS View, the Q2 2026 figures included KRW 59.8 billion in operating profit and KRW 35.2 billion in net income. Revenue growth therefore came with a positive operating result, although the operating margin was 5.3 percent.

The quarter also provides a stronger comparison point than the preceding period. Finance data show revenue of KRW 967.6 billion in Q1 2026, while Q2 revenue reached KRW 1.13631 trillion, an increase of KRW 168.71 billion between the two quarters.

Analysts see a higher target

The published consensus is Strong Buy, based on seven analysts, with six Buy ratings, one Hold and zero Sell ratings, according to Investing.com. The average 12-month target is KRW 68,171.43, with a high of KRW 89,000 and a low of KRW 45,200.

Against the October 2 price of KRW 46,650, the average target lies 46.1 percent above the price. That gap is an analyst expectation, not a company forecast, and the range shows a wide spread between the low target and the high target.

Stock remains below its yearly high

Seah Besteel stock closed at KRW 46,650 on the Korea Exchange on October 2, 2026, at 3:30 p.m. KST, down 0.74 percent from the previous session. Trading volume was 65,124 shares, with the session ranging from KRW 46,200 to KRW 47,450.

The 52-week range runs from KRW 23,050 to KRW 92,500. The market capitalization was KRW 1.7 trillion as of October 2, 2026, placing the Q2 improvement beside a share price that remains 49.6 percent below its yearly high.