CJ Freshway Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	3,556,207	3,481,082	3,224,779	3,074,242	2,747,692	2,291,434
Other Revenue	0	-	-0	-	-	-0
Revenue	3,556,207	3,481,082	3,224,779	3,074,242	2,747,692	2,291,434
Revenue Growth	5.71%	7.95%	4.90%	11.88%	19.91%	-7.55%
Cost of Revenue	2,921,126	2,847,648	2,626,536	2,502,682	2,239,063	1,891,313
Gross Profit	635,081	633,433	598,243	571,561	508,628	400,121
Selling, General & Admin	473,057	467,909	445,403	417,767	368,432	305,106
Amortization of Goodwill & Intangibles	8,194	8,194	6,989	6,028	5,325	6,032
Other Operating Expenses	6,702	6,702	7,440	6,780	6,444	6,377
Operating Expenses	536,929	531,781	507,007	475,811	411,093	344,295
Operating Income	98,152	101,653	91,236	95,749	97,535	55,826
Interest Expense	-22,251	-22,251	-23,730	-20,879	-15,960	-12,989
Interest & Investment Income	5,076	5,076	5,458	5,693	4,208	2,173
Earnings From Equity Investments	-660.59	-145.4	-980.6	-1,633	-177.92	-
Currency Exchange Gain (Loss)	1,918	1,918	-11,172	-5,440	-8,416	-4,413
Other Non Operating Income (Expenses)	-12,382	-11,824	-22,976	-482.49	1,387	-1,111
EBT Excluding Unusual Items	69,853	74,427	37,837	73,008	78,576	39,486
Gain (Loss) on Sale of Investments	2,279	2,279	5,168	525.92	651.89	-159.26
Gain (Loss) on Sale of Assets	-3,049	-3,049	-832.71	-733.23	-4,695	-4,082
Asset Writedown	-12,469	-12,469	-325.5	-	-5,657	-3,871
Pretax Income	56,613	61,187	41,847	72,800	68,876	31,374
Income Tax Expense	9,820	11,081	14,442	13,100	16,633	268.57
Earnings From Continuing Operations	46,794	50,106	27,405	59,700	52,243	31,105
Minority Interest in Earnings	1,548	-	-1,477	-5,224	-3,146	-4,453
Net Income	48,342	50,106	25,928	54,476	49,097	26,653
Preferred Dividends & Other Adjustments	3,080	3,080	-	1,180	2,243	-
Net Income to Common	45,261	47,026	25,928	53,296	46,854	26,653
Net Income Growth	78.98%	81.37%	-51.35%	13.75%	75.79%	-
Shares Outstanding (Basic)	12	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12	13
Shares Change	0.00%	-	-	-	-6.08%	6.47%
EPS (Basic)	3812.04	3961.23	2184.01	4489.38	3946.75	2245.09
EPS (Diluted)	3811.82	3961.00	2184.00	4489.00	3946.75	2109.00
EPS Growth	78.96%	81.36%	-51.35%	13.74%	87.14%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	53,593	82,765	64,226	174,320	87,020	124,249
Free Cash Flow Per Share	4513.76	6971.73	5410.04	14683.80	7330.09	9830.19
Dividend Per Share	500.000	500.000	450.000	450.000	350.000	300.000
Dividend Growth	11.11%	11.11%	0%	28.57%	16.67%	-
Gross Margin	17.86%	18.20%	18.55%	18.59%	18.51%	17.46%
Operating Margin	2.76%	2.92%	2.83%	3.12%	3.55%	2.44%
Profit Margin	1.27%	1.35%	0.80%	1.73%	1.70%	1.16%
Free Cash Flow Margin	1.51%	2.38%	1.99%	5.67%	3.17%	5.42%
EBITDA	186,566	185,525	166,893	166,945	155,687	112,238
EBITDA Margin	5.25%	5.33%	5.17%	5.43%	5.67%	4.90%
D&A For EBITDA	88,414	83,873	75,656	71,195	58,151	56,412
EBIT	98,152	101,653	91,236	95,749	97,535	55,826
EBIT Margin	2.76%	2.92%	2.83%	3.12%	3.55%	2.44%
Effective Tax Rate	17.34%	18.11%	34.51%	18.00%	24.15%	0.86%
Advertising Expenses	-	1,487	1,189	2,229	1,078	1,485