Hanil Iron & Steel 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	196,404	205,842	216,255	255,229	248,593
Other Revenue	-0	-0	-0	-0	-0
Revenue	196,404	205,842	216,255	255,229	248,593
Revenue Growth (YoY)	-4.58%	-4.81%	-15.27%	2.67%	58.22%
Cost of Revenue	180,627	191,389	200,049	241,849	209,684
Gross Profit	15,778	14,453	16,206	13,380	38,909
Selling, General & Admin	11,324	12,383	10,077	9,032	8,048
Amortization of Goodwill & Intangibles	35.84	34.27	33.38	34.71	32.15
Other Operating Expenses	208.87	198.68	173.16	80.87	101.21
Operating Expenses	12,333	13,944	11,347	9,347	9,267
Operating Income	3,445	508.85	4,860	4,033	29,643
Interest Expense	-5,031	-5,284	-6,047	-4,442	-2,954
Interest & Investment Income	970.01	857.11	805.72	591.48	181.82
Earnings From Equity Investments	-690.47	-166.63	259.72	1,630	1,753
Currency Exchange Gain (Loss)	820.93	-3,760	-525	-1,633	-3,531
Other Non Operating Income (Expenses)	-149.57	1,024	903.93	-542.91	3,352
EBT Excluding Unusual Items	-635.67	-6,820	256.76	-362.79	28,445
Gain (Loss) on Sale of Investments	-152.92	-71.85	1,297	118.1	85.83
Gain (Loss) on Sale of Assets	-	11.56	-21.41	16.36	29.77
Pretax Income	-788.59	-6,880	1,532	-228.34	28,561
Income Tax Expense	-352.88	-2,270	1,102	1,099	3,046
Earnings From Continuing Operations	-435.71	-4,610	430.27	-1,328	25,515
Minority Interest in Earnings	-118.13	-648.73	-429.53	-177.32	44.6
Net Income	-553.84	-5,259	0.74	-1,505	25,559
Net Income to Common	-553.84	-5,259	0.74	-1,505	25,559
Shares Outstanding (Basic)	24	24	24	24	24
Shares Outstanding (Diluted)	24	24	24	24	24
Shares Change (YoY)	-1.09%	-0.03%	-	-	-1.61%
EPS (Basic)	-23.00	-216.00	0.03	-61.80	1055.09
EPS (Diluted)	-23.00	-216.00	0.03	-62.00	1052.94
Free Cash Flow	-3,203	-3,608	-40.27	14,527	-3,943
Free Cash Flow Per Share	-133.02	-148.17	-1.65	596.50	-161.91
Gross Margin	8.03%	7.02%	7.49%	5.24%	15.65%
Operating Margin	1.75%	0.25%	2.25%	1.58%	11.92%
Profit Margin	-0.28%	-2.56%	0.00%	-0.59%	10.28%
Free Cash Flow Margin	-1.63%	-1.75%	-0.02%	5.69%	-1.59%
EBITDA	7,816	5,496	9,480	9,440	35,974
EBITDA Margin	3.98%	2.67%	4.38%	3.70%	14.47%
D&A For EBITDA	4,371	4,987	4,621	5,406	6,331
EBIT	3,445	508.85	4,860	4,033	29,643
EBIT Margin	1.75%	0.25%	2.25%	1.58%	11.92%
Effective Tax Rate	-	-	71.92%	-	10.67%
Advertising Expenses	5.46	15.41	1.7	-0.6	16.49

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.