Tongyang Pile 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
Other Revenue	-0	-	-	-0	-
Revenue	55,926	56,563	71,057	72,585	69,531
Revenue Growth (YoY)	-1.13%	-20.40%	-2.10%	4.39%	48.09%
Cost of Revenue	51,138	51,167	55,783	56,767	51,711
Gross Profit	4,788	5,396	15,275	15,817	17,820
Selling, General & Admin	9,223	9,539	10,476	10,327	9,562
Amortization of Goodwill & Intangibles	-	-	-	-	6
Other Operating Expenses	57.21	62.09	69.2	83.6	78.61
Operating Expenses	9,537	9,844	10,791	10,565	9,715
Operating Income	-4,749	-4,448	4,484	5,252	8,105
Interest Expense	-12.89	-15.83	-24.43	-21.17	-1.07
Interest & Investment Income	2,416	2,022	2,149	1,365	421.88
Currency Exchange Gain (Loss)	-3.05	-6.97	-	-	-
Other Non Operating Income (Expenses)	69.84	-821.3	-43.5	-44.24	-8,207
EBT Excluding Unusual Items	-2,279	-3,270	6,565	6,551	318.39
Gain (Loss) on Sale of Assets	196.57	-	-18.14	-13.33	-220.82
Asset Writedown	-5,359	-	-	-	-
Other Unusual Items	-	-	-	88.83	-
Pretax Income	-7,441	-3,270	6,546	6,626	97.57
Income Tax Expense	-173.66	2,003	1,379	1,720	-2,287
Net Income	-7,267	-5,273	5,167	4,907	2,384
Net Income to Common	-7,267	-5,273	5,167	4,907	2,384
Net Income Growth	-	-	5.32%	105.78%	-
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20
Shares Change (YoY)	0.24%	-0.14%	-0.13%	-0.05%	0.13%
EPS (Basic)	-363.00	-264.00	258.37	245.00	119.00
EPS (Diluted)	-363.00	-264.00	258.37	245.00	119.00
EPS Growth	-	-	5.46%	105.88%	-
Free Cash Flow	1,747	4,688	2,987	3,213	-33.67
Free Cash Flow Per Share	87.24	234.75	149.36	160.43	-1.68
Gross Margin	8.56%	9.54%	21.50%	21.79%	25.63%
Operating Margin	-8.49%	-7.86%	6.31%	7.23%	11.66%
Profit Margin	-13.00%	-9.32%	7.27%	6.76%	3.43%
Free Cash Flow Margin	3.12%	8.29%	4.20%	4.43%	-0.05%
EBITDA	-2,648	-2,272	6,750	7,666	10,613
EBITDA Margin	-4.73%	-4.02%	9.50%	10.56%	15.26%
D&A For EBITDA	2,101	2,175	2,266	2,414	2,508
EBIT	-4,749	-4,448	4,484	5,252	8,105
EBIT Margin	-8.49%	-7.86%	6.31%	7.23%	11.66%
Effective Tax Rate	-	-	21.07%	25.95%	-

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