Korea Steel revalues land assets, books KRW 194.62 billion uplift

Bitget2026/10/07 09:14

Korea Steel revalued land assets as of Sept. 30, 2026, lifting carrying value to KRW 319.91 billion from KRW 125.29 billion. Revaluation surplus totaled KRW 194.62 billion, equal to 35.17% of total assets of KRW 553.43 billion. Planned accounting impact includes a KRW 42.82 billion increase in deferred tax liabilities. Revaluation reserve is expected to rise KRW 151.8 billion, subject to external audit adjustments. Valuation report was received on Oct. 7, 2026. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Korea Steel Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261007800590), on October 07, 2026, and is solely responsible for the information contained therein.

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Korea Steel revalued land assets as of Sept. 30, 2026, lifting carrying value to KRW 319.91 billion from KRW 125.29 billion.
Revaluation surplus totaled KRW 194.62 billion, equal to 35.17% of total assets of KRW 553.43 billion.
Planned accounting impact includes a KRW 42.82 billion increase in deferred tax liabilities.
Revaluation reserve is expected to rise KRW 151.8 billion, subject to external audit adjustments.
Valuation report was received on Oct. 7, 2026.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Korea Steel Co. Ltd. published the original content used to generate this news brief via DART, the regulatory disclosure system operated by the South Korea Financial Supervisory Service (FSS) (Ref. ID: 20261007800590), on October 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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