Bokwang Industry Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	76,011	85,460	87,471	71,898	56,898	49,767
Other Revenue	0	-0	-0	-0	-	-
Revenue	76,011	85,460	87,471	71,898	56,898	49,767
Revenue Growth (YoY)	-16.01%	-2.30%	21.66%	26.36%	14.33%	-
Cost of Revenue	55,020	59,445	64,726	52,374	41,764	37,554
Gross Profit	20,991	26,016	22,745	19,524	15,134	12,214
Selling, General & Admin	5,613	5,805	6,085	5,267	4,772	4,053
Other Operating Expenses	567.66	581.14	603.52	331.26	255.36	240.1
Operating Expenses	6,958	7,150	7,365	6,063	5,516	4,974
Operating Income	14,033	18,865	15,380	13,461	9,618	7,239
Interest Expense	-2,449	-1,495	-1,105	-974.34	-1,024	-781.83
Interest & Investment Income	1,684	1,159	659.64	667.16	1,191	1,216
Currency Exchange Gain (Loss)	-1.64	-0.1	3.99	14.9	-15.56	-
Other Non Operating Income (Expenses)	2,360	72.05	121.65	-301.13	173	511.1
EBT Excluding Unusual Items	15,626	18,602	15,061	12,868	9,944	8,185
Gain (Loss) on Sale of Investments	1,681	2,155	185.38	243.61	92.51	-175.97
Gain (Loss) on Sale of Assets	158.61	83.91	325.16	732.34	-67.42	72.44
Asset Writedown	-	-	-22.5	-882.26	-62.5	-
Pretax Income	17,466	20,841	15,549	12,961	9,906	8,081
Income Tax Expense	2,912	4,178	3,474	3,171	1,324	1,818
Earnings From Continuing Operations	14,554	16,662	12,075	9,791	8,583	6,264
Minority Interest in Earnings	-	-	-	320.69	-	-
Net Income	14,554	16,662	12,075	10,111	8,583	6,264
Net Income to Common	14,554	16,662	12,075	10,111	8,583	6,264
Net Income Growth	-7.28%	37.99%	19.42%	17.81%	37.02%	-
Shares Outstanding (Basic)	36	36	36	36	36	36
Shares Outstanding (Diluted)	38	36	36	36	36	36
Shares Change (YoY)	3.55%	-	0.00%	0.00%	1.52%	-
EPS (Basic)	400.52	458.53	332.28	278.25	237.10	175.00
EPS (Diluted)	322.01	458.53	332.00	278.25	236.46	175.00
EPS Growth	-25.46%	38.11%	19.32%	17.67%	35.12%	-
Free Cash Flow	-4,413	1,592	17,746	16,742	-3,356	8,109
Free Cash Flow Per Share	-117.27	43.81	488.36	460.73	-92.36	226.56
Dividend Per Share	300.000	300.000	-	-	-	-
Gross Margin	27.62%	30.44%	26.00%	27.15%	26.60%	24.54%
Operating Margin	18.46%	22.08%	17.58%	18.72%	16.90%	14.55%
Profit Margin	19.15%	19.50%	13.80%	14.06%	15.08%	12.59%
Free Cash Flow Margin	-5.81%	1.86%	20.29%	23.29%	-5.90%	16.29%
EBITDA	23,212	28,058	24,336	21,642	17,746	12,970
EBITDA Margin	30.54%	32.83%	27.82%	30.10%	31.19%	26.06%
D&A For EBITDA	9,179	9,192	8,956	8,181	8,128	5,731
EBIT	14,033	18,865	15,380	13,461	9,618	7,239
EBIT Margin	18.46%	22.07%	17.58%	18.72%	16.90%	14.55%
Effective Tax Rate	16.67%	20.05%	22.34%	24.46%	13.36%	22.49%
Advertising Expenses	-	316.39	70.61	20.66	29	18.12

Source: S&P Capital IQ. Standard template. Financial Sources.