Korea Cast Iron Pipe Ind. 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	418,679	419,417	456,326	484,291	510,185	417,228
Other Revenue	0	-	-0	-0	-0	-
Revenue	418,679	419,417	456,326	484,291	510,185	417,228
Revenue Growth (YoY)	-3.53%	-8.09%	-5.78%	-5.08%	22.28%	-4.57%
Cost of Revenue	343,545	343,113	378,945	417,672	407,344	344,276
Gross Profit	75,134	76,304	77,380	66,619	102,841	72,952
Selling, General & Admin	55,892	55,594	51,434	48,188	48,890	49,780
Research & Development	571.4	494.52	499.08	521.05	502.09	476.36
Amortization of Goodwill & Intangibles	109.58	182.59	226.13	211.7	268.51	445.08
Other Operating Expenses	484.17	438.78	451.25	467.17	410.18	611.71
Operating Expenses	60,816	60,858	56,996	52,629	54,272	57,988
Operating Income	14,317	15,446	20,384	13,990	48,569	14,964
Interest Expense	-196.29	-218.98	-235.99	-165.92	-209.25	-456.38
Interest & Investment Income	3,093	3,507	3,054	1,393	412.27	481.61
Currency Exchange Gain (Loss)	919.49	859.9	-3.16	402.52	381.07	419.49
Other Non Operating Income (Expenses)	98.18	414.24	240.73	-172.05	380.18	-115.77
EBT Excluding Unusual Items	18,231	20,008	23,439	15,448	49,534	15,293
Gain (Loss) on Sale of Investments	1,414	-1,136	-220.82	-434.73	32,890	-1,045
Gain (Loss) on Sale of Assets	45.57	108.52	127	789.92	1,627	1,240
Asset Writedown	-	-	-516.76	-	-809.36	-
Pretax Income	19,691	18,980	22,829	15,803	83,241	15,489
Income Tax Expense	4,587	4,632	5,409	3,735	17,342	3,575
Earnings From Continuing Operations	15,105	14,348	17,420	12,068	65,899	11,914
Minority Interest in Earnings	-82.25	-700.03	-455.96	-44.14	-174.95	895.83
Net Income	15,022	13,648	16,964	12,024	65,724	12,810
Net Income to Common	15,022	13,648	16,964	12,024	65,724	12,810
Net Income Growth	-10.62%	-19.55%	41.09%	-81.71%	413.08%	1.87%
Shares Outstanding (Basic)	22	22	22	22	22	22
Shares Outstanding (Diluted)	22	22	22	22	22	22
Shares Change (YoY)	0.10%	-	-	-	-	-
EPS (Basic)	697.99	634.45	788.61	558.95	3055.31	595.49
EPS (Diluted)	697.99	634.45	788.61	558.95	3055.31	595.49
EPS Growth	-10.71%	-19.55%	41.09%	-81.71%	413.08%	1.87%
Free Cash Flow	18,525	19,951	21,006	29,639	24,751	30,200
Free Cash Flow Per Share	860.76	927.46	976.52	1377.83	1150.60	1403.91
Dividend Per Share	400.000	400.000	400.000	400.000	400.000	400.000
Dividend Growth	-	-	-	-	-	100.00%
Gross Margin	17.95%	18.19%	16.96%	13.76%	20.16%	17.48%
Operating Margin	3.42%	3.68%	4.47%	2.89%	9.52%	3.59%
Profit Margin	3.59%	3.25%	3.72%	2.48%	12.88%	3.07%
Free Cash Flow Margin	4.42%	4.76%	4.60%	6.12%	4.85%	7.24%
EBITDA	21,493	23,530	28,726	21,216	57,325	26,354
EBITDA Margin	5.13%	5.61%	6.30%	4.38%	11.24%	6.32%
D&A For EBITDA	7,176	8,084	8,342	7,226	8,756	11,389
EBIT	14,317	15,446	20,384	13,990	48,569	14,964
EBIT Margin	3.42%	3.68%	4.47%	2.89%	9.52%	3.59%
Effective Tax Rate	23.29%	24.41%	23.69%	23.63%	20.83%	23.08%
Advertising Expenses	-	12,170	10,849	9,620	9,996	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.