Quarterly ResultMay 13, 2026, 09:07 AM
OSR Holdings Q1 Net Loss Narrows to $3.47M; EPS Improves to $(0.09)
AI Summary
OSR Holdings, Inc. reported a significant reduction in net loss for the first quarter of 2026, narrowing to $3.47 million from $11.39 million in the prior year. Basic loss per ordinary share improved to $(0.09) from $(1.04). This improvement occurred despite a decrease in net sales and an increase in operating loss. The company also completed the acquisition of Woori-IO Co.,Ltd. during the quarter.
Key Highlights
- Net loss narrowed to $3,467,174 in Q1 2026 from $11,392,814 in Q1 2025.
- Basic loss per ordinary share improved to $(0.09) in Q1 2026 from $(1.04) in Q1 2025.
- Net sales decreased to $484,057 in Q1 2026 from $761,272 in Q1 2025.
- Operating loss increased to $3,667,184 in Q1 2026 from $2,917,826 in Q1 2025.
- Cash and cash equivalents were $1,566,701 as of March 31, 2026.
- Total assets increased to $172,187,773 as of March 31, 2026.
- Acquired Woori-IO Co.,Ltd. in January 2026.
- Issued 1,378,000 common shares through ELOC program for $852,375.