[Breaking] L&F Posts Q2 Revenue of 885 Billion Won... Turns Profitable Year-over-Year
L&F announced its preliminary consolidated results for the second quarter of 2026 through a regulatory filing on the 6th. These figures are preliminary and have
![[Breaking] L&F Posts Q2 Revenue of 885 Billion Won... Turns Profitable Year-over-Year](/_next/image?url=https%3A%2F%2Fmedia.cbcglobe.com%2Ftenants%2Fcbc00000-0000-4000-8000-000000000001%2Fmedia%2Fcbc%2F2026%2F08%2F595355%2Fb69c360daece136d%2Foriginal.webp&w=1920&q=75)
L&F announced its preliminary consolidated results for the second quarter of 2026 through a regulatory filing on the 6th. These figures are preliminary and have not been audited by an external auditor.
[Q2 Performance Summary] On a consolidated basis, Q2 revenue reached 885.04 billion won. This represents a 19.7% increase from the previous quarter (739.62 billion won) and a 70.2% jump compared to the same period last year (520.07 billion won).
- Operating Income: Recorded at 20.82 billion won. While this represents an 82.2% decrease from the previous quarter's operating income (117.26 billion won), the company successfully returned to profitability from the same period last year, which posted an operating loss of 121.18 billion won.
- Profit Before Income Tax from Continuing Operations: Stood at 47.15 billion won, turning profitable compared to both the previous quarter (55.53 billion won loss) and the same period last year (145.23 billion won loss).
- Net Income: Reached 52.92 billion won, swinging to a profit from both the previous quarter (65.3 billion won loss) and the same period last year (112.58 billion won loss).
- Net Income Attributable to Owners of the Parent: Recorded at 53.36 billion won, turning profitable from both the previous quarter and the same period last year.
[First-Half Cumulative Performance] On a cumulative basis for the first half (January–June), revenue reached 1.62 trillion won, up 83.6% from the same period last year. Cumulative operating income stood at 138.09 billion won, swinging to a profit from the same period last year's operating loss of 261.44 billion won.
However, on a first-half cumulative basis, the loss before income tax from continuing operations (8.37 billion won), net loss (12.38 billion won), and net loss attributable to owners of the parent (12.01 billion won) still remained in the red. Nevertheless, the scale of losses has been significantly reduced compared to the same period last year.
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