Bumyang Construction범양건영

Bumyang Construction is deeply loss-making, with rehabilitation proceedings and listing-eligibility reviews now on record.

Bumyang Construction, a Korean civil engineering and building contractor listed on KOSPI, reported trailing twelve-month revenue of ₩27.7B to H1 2026 against an operating loss of about ₩27.7B and a net loss of ₩55.9B. Revenue has fallen sharply from ₩120.8B in 2023, and the recent filings concern rehabilitation proceedings and a listing-eligibility review. The shares closed at ₩1,935 on 2026-10-27, with a market value of about ₩53.2B.

What stands out

• Trailing revenue has shrunk to about ₩27.7B, down from ₩71.8B in 2025 and ₩120.8B in 2023, and operating losses have widened every year since 2022.
• Borrowings of ₩2.1B compare with cash of only ₩0.4B, and the data shows liabilities well above equity.
• Free cash flow is shown as positive ₩26.1B on the trailing basis, but the data does not explain what drove it, and it sits alongside large losses.
• Filings since August 2026 include several rehabilitation-proceedings decisions, a notice on a substantive listing-eligibility review, and a response to a news report.
• No news headlines are included in the data, and the share price has not moved over 1 month, 3 months or 1 year, with 52-week high and low both at ₩1,935.
• Foreign ownership is about 1.1% and unchanged over 60 days; the 20-day flows show foreign selling and retail buying.

What to watch

• Outcome of the rehabilitation proceedings and any further amended filings, which could affect the company's continued listing and operations.
• Result of the listing-eligibility review and the status of the improvement period noted in the August filings.
• Next half-year or annual results, since the data does not include forecasts and the trailing figures show deep losses.