Korea Gas Corp. (036460.KS), on Wednesday reported higher net income despite lower sales in the first quarter of 2026 compared with the previous year.
For the first quarter, net income attributable to shareholders of the parent company increased to KRW 548.65 billion from KRW 367.48 billion in the previous year.
Operating income increased to KRW 910 billion from KRW 833.93 billion in the prior year.
Sales declined 7.3% to KRW 11.80 trillion from KRW 12.73 trillion in the previous year.
Korea Gas Corp is currently trading, 1.63% higher at KRW 37,300 on the Korean Stock Exchange.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.