Sebang stock: Sebang plans 443 Ohio jobs while revenue reaches KRW 307.32 billion

Published on 10/24/2026 at 02:32 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Sebang plans 443 Ohio jobs by 2029 and more than USD 37.1 million in payroll. For Sebang stock, second-quarter revenue reached KRW 307.32 billion.

Expansion and earnings frame

Sebang's Ohio project is expected to create 443 jobs by December 31, 2029.
Second-quarter revenue reached KRW 307.32 billion and net income reached KRW 22.42 billion.
Sebang stock last stood at KRW 12,830 on October 23, 2026 at 3:30 p.m. KST on KRX.

Sebang, KR7004361002, Illustration mit AI erstellt.

Sebang plans a Jeffersonville, Ohio, battery operation expected to create 443 full-time-equivalent positions and more than USD 37.1 million in annual payroll by December 31, 2029. Yahoo Finance reported the project on September 29, 2026, citing the Ohio Tax Credit Authority announcement of September 28, 2026. The plan would establish Sebang's first U.S. facility and broaden its battery-related footprint beyond South Korea.

Ohio plan adds a second business line

The Jeffersonville facility is planned to manufacture energy storage system modules and lithium-ion battery packs for automotive, commercial vehicle and energy applications. The project is separate from Sebang's established logistics operations, which include transportation, port handling, storage, heavy cargo and third-party logistics services.

The Ohio Tax Credit Authority approved a 10-year job creation tax credit at 2.003 percent for the project, according to Area Development on September 30, 2026. The key investor question is execution: the jobs and payroll are planned for 2029, while the production contribution is still ahead.

What do the earnings show?

Sebang reported second-quarter revenue of KRW 307.32 billion, net income of KRW 22.42 billion and earnings per share of KRW 1,020 for the period ended June 2026. Investing.com listed the figures with an August 14, 2026 release date. Revenue was KRW 299.76 billion in the preceding quarter, while net income was KRW 19.38 billion, making the latest quarter higher on both measures.

Three dates frame the story

The recent chronology runs from the August 14, 2026 earnings release, to the September 28, 2026 Ohio tax-credit approval, and the October 6, 2026 report that Sebang Lithium Battery would open its first U.S. plant. MarkLines said the facility would support energy storage products and create 443 positions at full operation.

Korean listing sets the market context

Sebang is an industrial logistics provider listed on the Korea Exchange under ticker 004360, while the specified ISIN is associated with the company's preferred share line ticker 004365. A KRX profile identifies the company as an industrial logistics business, and the latest reported market capitalization for the quoted instrument was KRW 235.2 billion on October 23, 2026.

The last KRX quote was KRW 12,830 on October 23, 2026 at 3:30 p.m. KST. The next valuation debate therefore rests on whether the Ohio project can develop from a planned 443-job operation into a measurable contribution alongside Sebang's KRW 307.32 billion second-quarter revenue.