Handok Clean Tech 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	69,444	68,243	65,070	59,149	52,658
Other Revenue	-0	-0	-	-	0
Revenue	69,444	68,243	65,070	59,149	52,658
Revenue Growth (YoY)	1.76%	4.88%	10.01%	12.33%	-13.71%
Cost of Revenue	61,613	59,790	54,514	49,376	43,411
Gross Profit	7,830	8,454	10,556	9,774	9,247
Selling, General & Admin	4,148	3,727	3,937	3,365	3,007
Research & Development	532.21	671.75	936.42	1,012	1,025
Amortization of Goodwill & Intangibles	23.29	23.21	19.1	21.75	20.57
Other Operating Expenses	237.75	232.04	204.63	170.42	163.11
Operating Expenses	5,014	4,958	5,348	4,700	4,384
Operating Income	2,817	3,496	5,208	5,073	4,863
Interest & Investment Income	288.85	527.58	819.13	651.52	245.23
Currency Exchange Gain (Loss)	-12.62	169.47	-15.07	191.31	382.63
Other Non Operating Income (Expenses)	187.07	289.44	199.94	180.48	168.11
EBT Excluding Unusual Items	3,280	4,482	6,212	6,096	5,659
Gain (Loss) on Sale of Investments	-1.97	-	-	-	-12.62
Gain (Loss) on Sale of Assets	35.16	0.81	-23.96	0.01	-48.11
Pretax Income	3,313	4,483	6,188	6,097	5,599
Income Tax Expense	583.22	862.04	845.65	1,031	961.67
Net Income	2,730	3,621	5,342	5,065	4,637
Net Income to Common	2,730	3,621	5,342	5,065	4,637
Net Income Growth	-24.61%	-32.22%	5.47%	9.23%	-43.79%
Shares Outstanding (Basic)	8	8	8	8	8
Shares Outstanding (Diluted)	8	8	8	8	8
Shares Change (YoY)	-2.46%	-1.27%	-1.77%	0.02%	7.89%
EPS (Basic)	354.00	458.00	667.15	621.35	568.95
EPS (Diluted)	354.00	458.00	667.15	621.35	568.95
EPS Growth	-22.71%	-31.35%	7.37%	9.21%	-47.90%
Free Cash Flow	-446.19	1,716	-1,182	389.46	1,029
Free Cash Flow Per Share	-57.86	217.07	-147.62	47.78	126.24
Gross Margin	11.28%	12.39%	16.22%	16.52%	17.56%
Operating Margin	4.06%	5.12%	8.00%	8.58%	9.24%
Profit Margin	3.93%	5.31%	8.21%	8.56%	8.81%
Free Cash Flow Margin	-0.64%	2.51%	-1.82%	0.66%	1.95%
EBITDA	4,768	5,388	6,912	6,638	6,418
EBITDA Margin	6.87%	7.90%	10.62%	11.22%	12.19%
D&A For EBITDA	1,952	1,893	1,705	1,565	1,555
EBIT	2,817	3,496	5,208	5,073	4,863
EBIT Margin	4.06%	5.12%	8.00%	8.58%	9.24%
Effective Tax Rate	17.60%	19.23%	13.67%	16.92%	17.18%
Advertising Expenses	49.26	20.95	43.72	41.74	32.32

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