Hankook & Company 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Operating Revenue	1,143,484	1,071,169	895,329	907,301	799,827	735,276	Upgrade
Other Revenue	267,753	319,826	194,339	188,595	163,473	83,900	Upgrade
Revenue	1,411,237	1,390,996	1,089,668	1,095,896	963,300	819,176	Upgrade
Revenue Growth (YoY)	6.27%	27.65%	-0.57%	13.76%	17.59%	-3.36%	Upgrade
Cost of Revenue	924,011	859,938	731,283	754,022	636,374	578,015	Upgrade
Gross Profit	487,226	531,058	358,385	341,873	326,926	241,161	Upgrade
Selling, General & Admin	101,483	95,901	87,684	81,650	84,539	67,718	Upgrade
Research & Development	7,651	7,549	6,031	6,321	5,669	5,093	Upgrade
Other Operating Expenses	2,242	2,388	1,774	2,096	2,025	1,355	Upgrade
Operating Expenses	116,886	113,176	101,821	96,425	101,821	83,403	Upgrade
Operating Income	370,340	417,882	256,563	245,449	225,105	157,758	Upgrade
Interest Expense	-14,714	-17,136	-14,345	-4,031	-1,961	-2,598	Upgrade
Interest & Investment Income	8,724	8,648	6,453	6,773	5,209	5,194	Upgrade
Earnings From Equity Investments	-2,397	-4,198	-36,456	-	-	-	Upgrade
Currency Exchange Gain (Loss)	-10,548	8,100	2,440	7,733	6,684	-7,109	Upgrade
Other Non Operating Income (Expenses)	-15,612	-23,155	-2,703	-4,605	-4,603	26,362	Upgrade
EBT Excluding Unusual Items	335,793	390,142	211,953	251,319	230,434	179,607	Upgrade
Gain (Loss) on Sale of Investments	-1,604	1,077	-7,218	-5,555	1,728	827.72	Upgrade
Gain (Loss) on Sale of Assets	-2,007	95.55	822.54	1,353	716.98	-1,110	Upgrade
Asset Writedown	-22.75	-22.75	46.85	157.72	-5,139	-7,432	Upgrade
Pretax Income	332,159	391,292	205,604	247,275	227,740	171,892	Upgrade
Income Tax Expense	32,017	40,579	18,370	83,416	26,739	24,867	Upgrade
Earnings From Continuing Operations	300,142	350,713	187,234	163,860	201,001	147,026	Upgrade
Earnings From Discontinued Operations	-	-	-	2,169	-989.64	-1,268	Upgrade
Net Income to Company	300,142	350,713	187,234	166,028	200,011	145,758	Upgrade
Minority Interest in Earnings	-	-	-	-	-2,849	-10,147	Upgrade
Net Income	300,142	350,713	187,234	166,028	197,162	135,610	Upgrade
Net Income to Common	300,142	350,713	187,234	166,028	197,162	135,610	Upgrade
Net Income Growth	-12.00%	87.31%	12.77%	-15.79%	45.39%	-14.52%	Upgrade
Shares Outstanding (Basic)	95	95	95	95	94	92	Upgrade
Shares Outstanding (Diluted)	95	95	95	95	94	92	Upgrade
Shares Change (YoY)	-	-0.07%	-0.16%	0.83%	2.68%	-	Upgrade
EPS (Basic)	3168.80	3702.70	1975.36	1748.88	2094.00	1478.93	Upgrade
EPS (Diluted)	3168.80	3702.70	1975.36	1748.88	2094.00	1478.93	Upgrade
EPS Growth	-11.98%	87.44%	12.95%	-16.48%	41.59%	-14.52%	Upgrade
Free Cash Flow	176,615	112,501	9,900	-11,466	-7,627	98,563	Upgrade
Free Cash Flow Per Share	1864.64	1187.75	104.45	-120.77	-81.00	1074.90	Upgrade
Dividend Per Share	1090.000	1000.000	-	-	-	-	Upgrade
Gross Margin	34.52%	38.18%	32.89%	31.20%	33.94%	29.44%	Upgrade
Operating Margin	26.24%	30.04%	23.54%	22.40%	23.37%	19.26%	Upgrade
Profit Margin	21.27%	25.21%	17.18%	15.15%	20.47%	16.55%	Upgrade
Free Cash Flow Margin	12.52%	8.09%	0.91%	-1.05%	-0.79%	12.03%	Upgrade
EBITDA	406,396	453,804	290,599	277,194	256,416	185,444	Upgrade
EBITDA Margin	28.80%	32.62%	26.67%	25.29%	26.62%	22.64%	Upgrade
D&A For EBITDA	36,056	35,922	34,036	31,745	31,311	27,686	Upgrade
EBIT	370,340	417,882	256,563	245,449	225,105	157,758	Upgrade
EBIT Margin	26.24%	30.04%	23.54%	22.40%	23.37%	19.26%	Upgrade
Effective Tax Rate	9.64%	10.37%	8.93%	33.73%	11.74%	14.47%	Upgrade
Advertising Expenses	-	7,943	7,218	6,656	4,944	4,811	Upgrade

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