Kwang Jin Ind. Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	56,888	58,527	53,679	59,140	54,586
Other Revenue	-	-0	-0	-0	-
Revenue	56,888	58,527	53,679	59,140	54,586
Revenue Growth (YoY)	-2.80%	9.03%	-9.23%	8.34%	-25.52%
Cost of Revenue	54,770	58,349	50,457	52,338	47,994
Gross Profit	2,119	178.4	3,222	6,802	6,592
Selling, General & Admin	5,448	6,580	9,530	5,709	5,130
Other Operating Expenses	254.33	192.39	146.81	118.29	73.02
Operating Expenses	6,370	7,502	10,266	6,217	5,475
Operating Income	-4,252	-7,323	-7,044	585.22	1,116
Interest Expense	-2,847	-2,881	-1,617	-602.06	-154.74
Interest & Investment Income	47.15	91.2	153.1	161.39	4.77
Currency Exchange Gain (Loss)	70.17	-403.71	-63.28	-227.79	123.89
Other Non Operating Income (Expenses)	382.89	15,098	1,575	127.03	33.36
EBT Excluding Unusual Items	-6,598	4,580	-6,996	43.8	1,124
Gain (Loss) on Sale of Assets	264.73	5	-19.72	-0	32.86
Asset Writedown	-	-453.8	-	-	-
Pretax Income	-6,333	4,132	-7,016	43.8	1,156
Income Tax Expense	-1,471	1,188	-1,876	-1,102	-
Net Income	-4,863	2,944	-5,140	1,146	1,156
Net Income to Common	-4,863	2,944	-5,140	1,146	1,156
Net Income Growth	-	-	-	-0.91%	-1.08%
Shares Outstanding (Basic)	6	6	6	6	6
Shares Outstanding (Diluted)	6	6	6	6	6
Shares Change (YoY)	0.10%	-0.08%	-	-	-4.11%
EPS (Basic)	-759.00	460.00	-802.40	178.90	180.53
EPS (Diluted)	-759.00	460.00	-802.40	178.90	180.53
EPS Growth	-	-	-	-0.91%	3.16%
Free Cash Flow	-3,525	-9,100	-31,556	-18,665	-7,951
Free Cash Flow Per Share	-550.22	-1421.76	-4926.48	-2913.89	-1241.37
Gross Margin	3.72%	0.30%	6.00%	11.50%	12.08%
Operating Margin	-7.47%	-12.51%	-13.12%	0.99%	2.04%
Profit Margin	-8.55%	5.03%	-9.57%	1.94%	2.12%
Free Cash Flow Margin	-6.20%	-15.55%	-58.79%	-31.56%	-14.57%
EBITDA	-1,393	-4,497	-5,647	1,375	1,781
EBITDA Margin	-2.45%	-7.68%	-10.52%	2.33%	3.26%
D&A For EBITDA	2,859	2,826	1,397	790.03	664.94
EBIT	-4,252	-7,323	-7,044	585.22	1,116
EBIT Margin	-7.47%	-12.51%	-13.12%	0.99%	2.04%
Effective Tax Rate	-	28.74%	-	-	-
Advertising Expenses	1.14	11.27	24.26	12.68	20.51

Source: S&P Global Market Intelligence. Standard template. Financial Sources.