Doosan 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	19,297,283	18,132,874	19,130,130	16,995,760	12,851,486	11,428,549
Other Revenue	-	-	-	-0	-	-0
Revenue	19,297,283	18,132,874	19,130,130	16,995,760	12,851,486	11,428,549
Revenue Growth (YoY)	6.00%	-5.21%	12.56%	32.25%	12.45%	-36.34%
Cost of Revenue	16,110,339	15,177,901	15,892,620	14,164,155	10,649,614	9,952,934
Gross Profit	3,186,944	2,954,973	3,237,510	2,831,605	2,201,872	1,475,616
Selling, General & Admin	1,658,432	1,503,979	1,359,382	1,321,725	972,117	1,206,173
Research & Development	302,308	284,095	263,168	223,099	168,866	147,528
Amortization of Goodwill & Intangibles	80,118	62,823	54,961	53,067	45,419	40,972
Other Operating Expenses	33,701	33,763	29,896	25,553	24,573	19,104
Operating Expenses	2,227,409	1,976,802	1,881,278	1,718,806	1,283,976	1,509,722
Operating Income	959,535	978,171	1,356,232	1,112,799	917,896	-34,107
Interest Expense	-498,479	-491,626	-466,417	-364,849	-365,226	-397,441
Interest & Investment Income	122,881	145,152	106,423	36,947	28,840	23,330
Earnings From Equity Investments	8,803	21,124	-43,516	-343,240	2,319	-17,119
Currency Exchange Gain (Loss)	-33,849	104,276	-12	-211,325	-66,168	-44,277
Other Non Operating Income (Expenses)	198,547	-30,214	-152,503	-15,787	32,627	-169,024
EBT Excluding Unusual Items	757,438	726,883	800,207	214,544	550,288	-638,639
Gain (Loss) on Sale of Investments	182,170	133,628	37,828	33,592	49,234	10,793
Gain (Loss) on Sale of Assets	6,917	-3,276	2,846	14,027	82,189	30,741
Asset Writedown	-296,047	-264,281	-389,848	-531,520	-88,843	-193,651
Other Unusual Items	-	-	-59	-16,547	-	-30,646
Pretax Income	650,478	592,954	450,974	-285,904	592,868	-821,402
Income Tax Expense	339,667	290,727	178,900	211,332	247,355	1,955
Earnings From Continuing Operations	310,811	302,227	272,074	-497,236	345,514	-823,356
Earnings From Discontinued Operations	-	-	-	-83,933	303,302	-140,536
Net Income to Company	310,811	302,227	272,074	-581,169	648,816	-963,892
Minority Interest in Earnings	-250,910	-528,394	-660,352	-115,230	-444,907	410,584
Net Income	59,901	-226,167	-388,278	-696,399	203,909	-553,308
Preferred Dividends & Other Adjustments	2,176	-64,964	-18,444	-33,074	-	26,278
Net Income to Common	57,725	-161,203	-369,834	-663,325	203,909	-579,586
Shares Outstanding (Basic)	17	17	17	17	17	17
Shares Outstanding (Diluted)	17	17	17	17	17	17
Shares Change (YoY)	1.03%	1.50%	-	-	-	-7.23%
EPS (Basic)	3399.82	-9507.60	-21812.44	-39122.25	12026.34	-34183.43
EPS (Diluted)	3334.59	-12480.00	-21812.44	-39122.25	12026.34	-34183.43
Free Cash Flow	325,001	-406,412	1,323,704	-167,876	339,562	-447,145
Free Cash Flow Per Share	18973.26	-23615.04	78070.73	-9901.15	20027.03	-26372.15
Dividend Per Share	2000.000	2000.000	2000.000	2000.000	2000.000	2000.000
Gross Margin	16.52%	16.30%	16.92%	16.66%	17.13%	12.91%
Operating Margin	4.97%	5.39%	7.09%	6.55%	7.14%	-0.30%
Profit Margin	0.30%	-0.89%	-1.93%	-3.90%	1.59%	-5.07%
Free Cash Flow Margin	1.68%	-2.24%	6.92%	-0.99%	2.64%	-3.91%
EBITDA	1,768,981	1,745,387	2,060,580	1,731,001	1,530,502	651,102
EBITDA Margin	9.17%	9.63%	10.77%	10.18%	11.91%	5.70%
D&A For EBITDA	809,446	767,216	704,348	618,202	612,606	685,209
EBIT	959,535	978,171	1,356,232	1,112,799	917,896	-34,107
EBIT Margin	4.97%	5.39%	7.09%	6.55%	7.14%	-0.30%
Effective Tax Rate	52.22%	49.03%	39.67%	-	41.72%	-
Advertising Expenses	-	139,516	138,286	97,767	67,458	56,896

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