Taewoong Logistics Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,124,965	1,043,844	770,339	1,328,207	939,002	341,290
Other Revenue	-0	-0	-	-	-0	-
Revenue	1,124,965	1,043,844	770,339	1,328,207	939,002	341,290
Revenue Growth (YoY)	18.60%	35.50%	-42.00%	41.45%	175.13%	19.30%
Cost of Revenue	1,017,641	929,096	674,047	1,164,463	823,263	301,176
Gross Profit	107,324	114,748	96,291	163,744	115,739	40,113
Selling, General & Admin	73,858	65,064	53,983	42,886	32,635	23,901
Amortization of Goodwill & Intangibles	1,136	1,219	889.2	528.95	461.8	329.32
Other Operating Expenses	2,149	1,842	1,816	1,269	920.89	675.22
Operating Expenses	94,723	76,108	60,415	47,195	36,506	25,452
Operating Income	12,601	38,640	35,877	116,549	79,234	14,661
Interest Expense	-7,097	-6,173	-4,672	-2,542	-1,059	-792.58
Interest & Investment Income	3,638	2,820	3,305	826.27	88.77	179.87
Earnings From Equity Investments	80.94	197.92	66.45	98.72	-527.47	192.53
Currency Exchange Gain (Loss)	2,649	5,976	1,684	7,942	4,462	-1,195
Other Non Operating Income (Expenses)	1,164	3,017	3,086	349.7	675.92	-318.07
EBT Excluding Unusual Items	13,035	44,479	39,346	123,224	82,874	12,728
Gain (Loss) on Sale of Investments	436.6	-865.98	446.4	801.97	-16.83	-0.3
Gain (Loss) on Sale of Assets	-2,170	-3,301	-4,201	-3,001	1,280	-332.32
Pretax Income	11,302	40,311	35,592	121,024	84,137	12,396
Income Tax Expense	4,266	8,931	8,467	27,308	20,284	4,459
Earnings From Continuing Operations	7,035	31,380	27,125	93,716	63,853	7,937
Minority Interest in Earnings	-1,172	-1,199	-172.68	-279.99	-177.5	-87.09
Net Income	5,864	30,181	26,952	93,436	63,676	7,849
Net Income to Common	5,864	30,181	26,952	93,436	63,676	7,849
Net Income Growth	-79.10%	11.98%	-71.15%	46.74%	711.21%	-18.18%
Shares Outstanding (Basic)	37	36	36	37	38	34
Shares Outstanding (Diluted)	44	42	40	37	38	37
Shares Change (YoY)	6.59%	5.16%	7.74%	-0.52%	2.41%	12.55%
EPS (Basic)	158.24	834.54	742.75	2493.56	1690.51	234.29
EPS (Diluted)	154.91	737.13	686.36	2493.56	1690.51	225.27
EPS Growth	-78.38%	7.40%	-72.47%	47.50%	650.42%	-25.48%
Free Cash Flow	-12,451	2,028	-37,268	84,365	-32,344	-4,154
Free Cash Flow Per Share	-285.77	47.76	-923.12	2251.48	-858.70	-112.93
Dividend Per Share	100.000	100.000	-	-	-	-
Gross Margin	9.54%	10.99%	12.50%	12.33%	12.33%	11.75%
Operating Margin	1.12%	3.70%	4.66%	8.77%	8.44%	4.30%
Profit Margin	0.52%	2.89%	3.50%	7.03%	6.78%	2.30%
Free Cash Flow Margin	-1.11%	0.19%	-4.84%	6.35%	-3.45%	-1.22%
EBITDA	29,378	52,487	45,600	123,927	83,408	16,691
EBITDA Margin	2.61%	5.03%	5.92%	9.33%	8.88%	4.89%
D&A For EBITDA	16,776	13,847	9,723	7,377	4,175	2,029
EBIT	12,601	38,640	35,877	116,549	79,234	14,661
EBIT Margin	1.12%	3.70%	4.66%	8.77%	8.44%	4.30%
Effective Tax Rate	37.75%	22.16%	23.79%	22.56%	24.11%	35.97%
Advertising Expenses	-	240.34	323.6	221.42	160.55	117.38

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.