Upcoming Dividend • Mar 23
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 30 March 2026. Payment date: 01 June 2026. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (2.0%). Reported Earnings • Feb 24
First quarter 2026 earnings released: ₩1,221 loss per share (vs ₩1,921 profit in 1Q 2025) First quarter 2026 results: ₩1,221 loss per share (down from ₩1,921 profit in 1Q 2025). Revenue: ₩58.0b (down 8.8% from 1Q 2025). Net loss: ₩1.08b (down 169% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 103% per year but the company’s share price has fallen by 20% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 17
Full year 2025 earnings released: EPS: ₩2,636 (vs ₩4,384 in FY 2024) Full year 2025 results: EPS: ₩2,636 (down from ₩4,384 in FY 2024). Revenue: ₩252.4b (down 2.7% from FY 2024). Net income: ₩2.16b (down 40% from FY 2024). Profit margin: 0.9% (down from 1.4% in FY 2024). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Aankondiging • Dec 05
Kumbi Corporation, Annual General Meeting, Dec 23, 2025 Kumbi Corporation, Annual General Meeting, Dec 23, 2025, at 10:00 Tokyo Standard Time. Location: conference room, 23, gyeongchung-daero 2092beon-gil, bubal-eup, gyeonggi-do, icheon South Korea Upcoming Dividend • Sep 22
Upcoming dividend of ₩1,000 per share Eligible shareholders must have bought the stock before 29 September 2025. Payment date: 19 January 2026. Payout ratio is on the higher end at 81%, however this is supported by cash flows. Trailing yield: 3.1%. Lower than top quartile of South Korean dividend payers (3.6%). Higher than average of industry peers (1.8%). Reported Earnings • Aug 20
Third quarter 2025 earnings released: EPS: ₩570 (vs ₩2,680 in 3Q 2024) Third quarter 2025 results: EPS: ₩570 (down from ₩2,680 in 3Q 2024). Revenue: ₩64.9b (down 6.0% from 3Q 2024). Net income: ₩466.4m (down 79% from 3Q 2024). Profit margin: 0.7% (down from 3.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 83% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Upcoming Dividend • Mar 21
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 28 March 2025. Payment date: 02 June 2025. Payout ratio is a comfortable 21% and this is well supported by cash flows. Trailing yield: 2.7%. Lower than top quartile of South Korean dividend payers (3.9%). Higher than average of industry peers (1.7%). Reported Earnings • Feb 20
First quarter 2025 earnings released: EPS: ₩1,921 (vs ₩736 loss in 1Q 2024) First quarter 2025 results: EPS: ₩1,921 (up from ₩736 loss in 1Q 2024). Revenue: ₩63.6b (up 2.3% from 1Q 2024). Net income: ₩1.57b (up ₩2.17b from 1Q 2024). Profit margin: 2.5% (up from net loss in 1Q 2024). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 2% per year, which means it is significantly lagging earnings. Reported Earnings • Dec 24
Full year 2024 earnings released: EPS: ₩4,384 (vs ₩8,299 loss in FY 2023) Full year 2024 results: EPS: ₩4,384 (up from ₩8,299 loss in FY 2023). Revenue: ₩259.5b (up 3.4% from FY 2023). Net income: ₩3.59b (up ₩10.4b from FY 2023). Profit margin: 1.4% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 7% per year whereas the company’s share price has fallen by 3% per year. Aankondiging • Dec 12
Kumbi Corporation, Annual General Meeting, Dec 27, 2024 Kumbi Corporation, Annual General Meeting, Dec 27, 2024, at 10:00 Tokyo Standard Time. Location: conference room, 23, gyeongchung-daero 2092beon-gil, bubal-eup, gyeonggi-do, icheon South Korea New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risk No financial data reported. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Market cap is less than US$100m (₩48.1b market cap, or US$36.6m). Upcoming Dividend • Mar 21
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 28 March 2024. Payment date: 30 May 2024. The company is not currently making a profit but it is cash flow positive. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (3.5%). Higher than average of industry peers (1.5%). Reported Earnings • Feb 18
First quarter 2024 earnings released: ₩736 loss per share (vs ₩1,794 loss in 1Q 2023) First quarter 2024 results: ₩736 loss per share (improved from ₩1,794 loss in 1Q 2023). Revenue: ₩62.2b (up 1.3% from 1Q 2023). Net loss: ₩602.8m (loss narrowed 59% from 1Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 79 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 16
Full year 2023 earnings released: ₩8,299 loss per share (vs ₩16,338 loss in FY 2022) Full year 2023 results: ₩8,299 loss per share (improved from ₩16,338 loss in FY 2022). Revenue: ₩251.0b (up 6.8% from FY 2022). Net loss: ₩6.78b (loss narrowed 49% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 91 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Sep 19
Upcoming dividend of ₩900 per share at 1.4% yield Eligible shareholders must have bought the stock before 26 September 2023. Payment date: 10 January 2024. The company is not currently making a profit and its cash payout ratio is 80%. Trailing yield: 1.4%. Lower than top quartile of South Korean dividend payers (3.4%). Lower than average of industry peers (1.6%). Reported Earnings • Aug 20
Third quarter 2023 earnings released: EPS: ₩1,804 (vs ₩570 in 3Q 2022) Third quarter 2023 results: EPS: ₩1,804 (up from ₩570 in 3Q 2022). Revenue: ₩64.5b (up 7.9% from 3Q 2022). Net income: ₩1.48b (up 220% from 3Q 2022). Profit margin: 2.3% (up from 0.8% in 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 120 percentage points per year, which is a significant difference in performance. Reported Earnings • May 19
Second quarter 2023 earnings released: ₩988 loss per share (vs ₩325 profit in 2Q 2022) Second quarter 2023 results: ₩988 loss per share (down from ₩325 profit in 2Q 2022). Revenue: ₩60.2b (up 9.3% from 2Q 2022). Net loss: ₩806.1m (down 406% from profit in 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 136 percentage points per year, which is a significant difference in performance. Upcoming Dividend • Mar 23
Upcoming dividend of ₩400 per share at 1.2% yield Eligible shareholders must have bought the stock before 30 March 2023. Payment date: 31 May 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 1.2%. Lower than top quartile of South Korean dividend payers (3.3%). Lower than average of industry peers (1.4%). Reported Earnings • Feb 19
First quarter 2023 earnings released: ₩1,794 loss per share (vs ₩1,190 loss in 1Q 2022) First quarter 2023 results: ₩1,794 loss per share (further deteriorated from ₩1,190 loss in 1Q 2022). Revenue: ₩61.4b (up 8.7% from 1Q 2022). Net loss: ₩1.46b (loss widened 51% from 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Reported Earnings • Dec 17
Full year 2022 earnings released: ₩16,338 loss per share (vs ₩4,566 profit in FY 2021) Full year 2022 results: ₩16,338 loss per share (down from ₩4,566 profit in FY 2021). Revenue: ₩235.0b (up 2.8% from FY 2021). Net loss: ₩13.2b (down 458% from profit in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 114 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Sep 22
Upcoming dividend of ₩1,100 per share Eligible shareholders must have bought the stock before 29 September 2022. Payment date: 10 January 2023. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.8%. Lower than top quartile of South Korean dividend payers (3.1%). Higher than average of industry peers (1.5%). Reported Earnings • Aug 20
Third quarter 2022 earnings released: EPS: ₩570 (vs ₩2,214 in 3Q 2021) Third quarter 2022 results: EPS: ₩570 (down from ₩2,214 in 3Q 2021). Revenue: ₩59.8b (down 2.7% from 3Q 2021). Net income: ₩461.7m (down 74% from 3Q 2021). Profit margin: 0.8% (down from 2.9% in 3Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 89 percentage points per year, which is a significant difference in performance. Reported Earnings • May 22
Second quarter 2022 earnings released: EPS: ₩325 (vs ₩2,660 in 2Q 2021) Second quarter 2022 results: EPS: ₩325 (down from ₩2,660 in 2Q 2021). Revenue: ₩55.1b (up 1.7% from 2Q 2021). Net income: ₩263.3m (down 88% from 2Q 2021). Profit margin: 0.5% (down from 4.0% in 2Q 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Board Change • Apr 27
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 4 experienced directors. No highly experienced directors. 1 independent director (3 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Upcoming Dividend • Mar 23
Upcoming dividend of ₩500 per share Eligible shareholders must have bought the stock before 30 March 2022. Payment date: 31 May 2022. The company is not currently making a profit and is not cash flow positive. Trailing yield: 2.1%. Lower than top quartile of South Korean dividend payers (2.6%). Higher than average of industry peers (1.4%). Reported Earnings • Dec 19
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: ₩4,566 (up from ₩4,267 loss in FY 2020). Revenue: ₩228.6b (up 4.3% from FY 2020). Net income: ₩3.70b (up ₩7.15b from FY 2020). Profit margin: 1.6% (up from net loss in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 60% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Sep 22
Upcoming dividend of ₩900 per share Eligible shareholders must have bought the stock before 29 September 2021. Payment date: 08 January 2022. Trailing yield: 2.5%. Within top quartile of South Korean dividend payers (2.2%). Higher than average of industry peers (1.3%). Reported Earnings • May 23
Second quarter 2021 earnings released: EPS ₩2,660 (vs ₩902 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: ₩54.1b (down 2.4% from 2Q 2020). Net income: ₩2.15b (up 195% from 2Q 2020). Profit margin: 4.0% (up from 1.3% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 2% per year, which means it has not declined as severely as earnings. Upcoming Dividend • Mar 23
Upcoming dividend of ₩400 per share Eligible shareholders must have bought the stock before 30 March 2021. Payment date: 29 May 2021. Trailing yield: 2.0%. Lower than top quartile of South Korean dividend payers (2.3%). In line with average of industry peers (1.9%). Reported Earnings • Feb 19
First quarter 2021 earnings released: EPS ₩3,401 (vs ₩234 in 1Q 2020) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2021 results: Revenue: ₩55.3b (up 1.6% from 1Q 2020). Net income: ₩2.75b (up ₩2.56b from 1Q 2020). Profit margin: 5.0% (up from 0.3% in 1Q 2020). Over the last 3 years on average, earnings per share has fallen by 48% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Dec 21
New 90-day high: ₩61,900 The company is up 10.0% from its price of ₩56,200 on 22 September 2020. The South Korean market is up 15% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Packaging industry, which is up 26% over the same period. Reported Earnings • Dec 17
Full year 2020 earnings released: ₩4,267 loss per share The company reported a soft full year result with weaker earnings and control over expenses, although revenues were improved. Full year 2020 results: Revenue: ₩219.3b (up 8.9% from FY 2019). Net loss: ₩3.45b (down 153% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Nov 12
New 90-day high: ₩60,700 The company is up 6.0% from its price of ₩57,500 on 14 August 2020. The South Korean market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Packaging industry, which is up 15% over the same period.