Beno TNR베노티앤알

Beno TNR remains deeply loss-making after a steep multi-year revenue collapse, while new contract and share-consolidation filings land in late October 2026.

Beno TNR is an interior construction products supplier in Korea that has seen revenue fall sharply from ₩26.7B in 2021 to ₩4.8B in 2025, with operating and net losses in recent periods. Its trailing twelve-month figures to H1 2026 show revenue of ₩3.3B, an operating loss of ₩6.1B and a net loss of ₩14.8B, with cash of ₩5.0B against borrowings of ₩0.4B. The company is also moving into semiconductor and wearable robotics, and the latest headlines report a first order tied to a US battery production facility project.

What stands out

• Revenue was ₩4.8B in 2025, down 81.1% from 2024, and trailing revenue to H1 2026 is ₩3.3B, so the top line has contracted sharply.
• Net loss was ₩23.8B in 2025 and ₩14.8B on a trailing basis to H1 2026, far larger than revenue, with a trailing net margin of -449.2%.
• Cash of ₩5.0B and borrowings of ₩0.4B are reported, but free cash flow is negative at ₩5.9B on a trailing basis.
• The share price is ₩680, down 68.7% over one year and 19.3% over three months, though up 3.5% over one month; the market cap is about ₩25.5B.
• Recent filings include a major sales or supply contract, a share consolidation decision with an amendment, a rights offering amendment and a trading halt on 8 October 2026; the data does not explain their terms.

What to watch

• The terms, size and timing of the newly reported battery facility contract, since the data gives no value or revenue impact.
• Details of the share consolidation and rights offering filings, including any effect on share count and dilution, which the data does not provide.
• Whether revenue and operating losses narrow in the next reported results, as the trailing figures remain deeply negative and no forecasts are in the data.