Samyang Holdings 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	3,538,653	3,553,264	3,210,853	3,316,778	3,107,313	2,471,226
Other Revenue	-0	-0	-	-0	-0	-
Revenue	3,538,653	3,553,264	3,210,853	3,316,778	3,107,313	2,471,226
Revenue Growth (YoY)	2.21%	10.66%	-3.19%	6.74%	25.74%	-0.70%
Cost of Revenue	2,897,184	2,917,832	2,685,572	2,777,484	2,381,279	1,954,346
Gross Profit	641,470	635,432	525,281	539,294	726,035	516,880
Selling, General & Admin	454,350	441,860	367,998	344,256	313,527	277,517
Research & Development	22,838	22,277	25,478	25,624	31,220	38,857
Amortization of Goodwill & Intangibles	23,032	20,597	15,912	14,818	5,641	5,598
Other Operating Expenses	7,978	7,628	6,755	6,948	5,771	5,530
Operating Expenses	522,366	507,894	430,533	406,970	374,377	346,544
Operating Income	119,104	127,539	94,749	132,324	351,658	170,336
Interest Expense	-60,446	-61,808	-47,398	-33,768	-26,606	-28,870
Interest & Investment Income	65,862	67,183	60,693	36,862	19,171	18,808
Earnings From Equity Investments	-14,757	-30,915	-17,483	792.01	2,756	23,974
Currency Exchange Gain (Loss)	-13,070	-26,937	1,282	-26,119	-6,081	2,698
Other Non Operating Income (Expenses)	39,513	56,129	30,689	21,530	9,861	-2,272
EBT Excluding Unusual Items	136,206	131,190	122,532	131,622	350,759	184,674
Gain (Loss) on Sale of Investments	1,160	2,566	-3,101	1,795	1	3
Gain (Loss) on Sale of Assets	280	5	147,102	-2,750	821	244
Asset Writedown	-5,662	-5,662	-	-4,003	-6,710	-14,240
Pretax Income	131,984	128,099	266,533	126,664	344,871	170,681
Income Tax Expense	34,832	38,607	39,519	20,814	70,785	27,416
Earnings From Continuing Operations	97,152	89,492	227,014	105,849	274,086	143,265
Minority Interest in Earnings	-55,530	-61,222	-54,648	-34,840	-36,386	-40,952
Net Income	41,621	28,270	172,366	71,009	237,701	102,313
Preferred Dividends & Other Adjustments	1,125	1,125	-	-	-	-
Net Income to Common	40,496	27,145	172,366	71,009	237,701	102,313
Net Income Growth	-13.86%	-83.60%	142.74%	-70.13%	132.33%	231.40%
Shares Outstanding (Basic)	7	7	7	7	7	7
Shares Outstanding (Diluted)	7	7	7	7	7	7
Shares Change (YoY)	-8.35%	-	-	-	-	0.02%
EPS (Basic)	5903.50	3880.08	24638.01	10150.07	33976.98	14624.67
EPS (Diluted)	5849.26	3880.08	24638.01	10150.07	33976.98	14624.67
EPS Growth	-8.54%	-84.25%	142.74%	-70.13%	132.33%	231.32%
Free Cash Flow	147,044	124,935	153,352	-41,175	59,488	85,238
Free Cash Flow Per Share	21238.84	17858.18	21920.18	-5885.53	8503.29	12183.93
Dividend Per Share	3872.010	3872.010	3872.010	3872.010	3318.866	2489.149
Dividend Growth	-	-	-	16.67%	33.33%	12.50%
Gross Margin	18.13%	17.88%	16.36%	16.26%	23.36%	20.92%
Operating Margin	3.37%	3.59%	2.95%	3.99%	11.32%	6.89%
Profit Margin	1.14%	0.76%	5.37%	2.14%	7.65%	4.14%
Free Cash Flow Margin	4.15%	3.52%	4.78%	-1.24%	1.91%	3.45%
EBITDA	271,816	263,402	208,147	246,356	443,922	263,512
EBITDA Margin	7.68%	7.41%	6.48%	7.43%	14.29%	10.66%
D&A For EBITDA	152,712	135,863	113,398	114,032	92,264	93,176
EBIT	119,104	127,539	94,749	132,324	351,658	170,336
EBIT Margin	3.37%	3.59%	2.95%	3.99%	11.32%	6.89%
Effective Tax Rate	26.39%	30.14%	14.83%	16.43%	20.52%	16.06%
Advertising Expenses	-	27,342	18,590	13,457	14,003	13,289

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