Daedong Steel 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	119,164	139,703	137,635	182,453	165,416
Revenue	119,164	139,703	137,635	182,453	165,416
Revenue Growth (YoY)	-14.70%	1.50%	-24.56%	10.30%	55.53%
Cost of Revenue	114,340	135,942	134,815	181,144	141,989
Gross Profit	4,824	3,761	2,820	1,308	23,426
Selling, General & Admin	5,181	5,456	4,811	7,216	5,701
Other Operating Expenses	13.45	14.57	37.54	17.57	36.91
Operating Expenses	5,990	5,712	5,244	7,390	5,843
Operating Income	-1,166	-1,951	-2,424	-6,081	17,583
Interest Expense	-111.19	-135.49	-252.09	-366.46	-104.17
Interest & Investment Income	1,042	1,458	1,315	751.99	831.59
Currency Exchange Gain (Loss)	-67.56	388.86	49.37	-74.99	15.67
Other Non Operating Income (Expenses)	200.41	450.12	11.37	191.17	155.82
EBT Excluding Unusual Items	-102.72	211.16	-1,301	-5,580	18,482
Gain (Loss) on Sale of Investments	235.12	142.75	401.27	-236.22	31.03
Gain (Loss) on Sale of Assets	-	5.33	-	8.18	12.06
Asset Writedown	-	-	285.67	-	-
Pretax Income	132.4	359.24	-613.7	-5,808	18,525
Income Tax Expense	-143.83	-89.49	1,576	-1,215	4,007
Net Income	276.23	448.73	-2,189	-4,592	14,518
Net Income to Common	276.23	448.73	-2,189	-4,592	14,518
Net Income Growth	-38.44%	-	-	-	7193.10%
Shares Outstanding (Basic)	-	10	10	10	10
Shares Outstanding (Diluted)	-	10	10	10	10
Shares Change (YoY)	-	-3.85%	-0.22%	-	-
EPS (Basic)	-	47.14	-221.16	-462.84	1463.25
EPS (Diluted)	-	47.14	-221.16	-462.84	1463.25
EPS Growth	-	-	-	-	7193.10%
Free Cash Flow	-5,828	4,541	1,291	17,897	-14,556
Free Cash Flow Per Share	-	477.11	130.44	1803.78	-1467.05
Gross Margin	4.05%	2.69%	2.05%	0.72%	14.16%
Operating Margin	-0.98%	-1.40%	-1.76%	-3.33%	10.63%
Profit Margin	0.23%	0.32%	-1.59%	-2.52%	8.78%
Free Cash Flow Margin	-4.89%	3.25%	0.94%	9.81%	-8.80%
EBITDA	-820.87	-1,530	-1,987	-5,455	18,184
EBITDA Margin	-0.69%	-1.09%	-1.44%	-2.99%	10.99%
D&A For EBITDA	345.38	421.07	437.3	626.32	601.1
EBIT	-1,166	-1,951	-2,424	-6,081	17,583
EBIT Margin	-0.98%	-1.40%	-1.76%	-3.33%	10.63%
Effective Tax Rate	-	-	-	-	21.63%
Advertising Expenses	3.42	3.53	2.4	2.4	5.05

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