Sejong Telecom세종텔레콤

Sejong Telecom's latest half-year figures show a loss at both operating and net level, with a rights offering also filed in July 2026.

Sejong Telecom, a KOSDAQ-listed firm working in construction and telecoms services, reported trailing twelve-month revenue of about ₩278B to H1 2026, but an operating loss of about ₩4.7B and a net loss of about ₩11.5B. Its shares closed at ₩7,320 on 2026-10-16, down 12.9% over one month but up 34.1% over one year, with a market capitalisation of about ₩102B.

What stands out

• Revenue fell 23.5% in 2025 to about ₩284B, after growth of 9.5% in 2024, and the company posted an operating loss in each of the last five years shown except none; 2023 was the only year with a small operating loss and a large net profit.
• Net income swung to a profit of about ₩8.1B in 2025 from a loss of about ₩33.5B in 2024, so the 2025 profit did not come from operations.
• Borrowings of about ₩87.9B are larger than cash of about ₩28.5B, and liabilities are about 119% of equity.
• Valuation metrics are low on the data given: price-to-book about 0.6 and dividend yield about 4.1%, but the trailing net result is negative, so price-to-earnings is not available.
• Filings in July 2026 included a rights offering (paid-in capital increase) decision and a debt guarantee amendment, and there were several 5%+ holding and insider shareholding reports in August and September. News headlines were not available in the data.

What to watch

• The rights offering: the terms, size and use of proceeds are not described in the data supplied and should be checked in the filing itself.
• Whether operating losses narrow in the next full-year and quarterly results, given the negative operating margin in the trailing figures.
• Debt levels and the debt guarantee to a third party, given borrowings above cash and the high liabilities-to-equity ratio.