HANDOK 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	516,368	507,358	522,741	543,759	517,641	503,612
Other Revenue	0	-	-0	-	-	-
Revenue	516,368	507,358	522,741	543,759	517,641	503,612
Revenue Growth (YoY)	0.72%	-2.94%	-3.86%	5.05%	2.79%	6.47%
Cost of Revenue	364,717	349,944	356,393	370,045	350,093	335,221
Gross Profit	151,652	157,414	166,348	173,714	167,548	168,391
Selling, General & Admin	123,552	123,123	114,446	110,755	105,660	108,800
Research & Development	21,939	22,630	28,672	23,995	22,879	20,135
Amortization of Goodwill & Intangibles	4,469	4,256	3,907	3,751	4,133	4,388
Operating Expenses	158,952	160,017	153,769	145,218	139,542	140,015
Operating Income	-7,300	-2,603	12,579	28,496	28,006	28,376
Interest Expense	-19,416	-17,304	-13,781	-8,228	-5,763	-6,763
Interest & Investment Income	1,573	924.53	1,579	470.7	841.63	676.86
Earnings From Equity Investments	-29,074	-38,780	-30,283	-23,959	-7,793	13,312
Currency Exchange Gain (Loss)	-3,113	-5,114	1,567	-144.63	-5,210	5,230
Other Non Operating Income (Expenses)	5,433	4,575	10,949	11,436	6,025	-6,649
EBT Excluding Unusual Items	-51,898	-58,302	-17,391	8,071	16,107	34,184
Gain (Loss) on Sale of Investments	2,093	-3,116	-16,193	-938	-9,971	7,575
Gain (Loss) on Sale of Assets	-42.76	94.98	75.47	182.99	3,771	368.69
Asset Writedown	-338.46	-338.46	-	-	-5,138	-
Pretax Income	-50,186	-61,661	-33,508	7,316	4,768	42,128
Income Tax Expense	-6,559	-8,995	-4,567	-3,280	1,479	15,149
Earnings From Continuing Operations	-43,627	-52,666	-28,940	10,596	3,289	26,978
Minority Interest in Earnings	89.01	103.19	142.98	87.71	6.01	-18.82
Net Income	-43,538	-52,563	-28,797	10,684	3,295	26,960
Net Income to Common	-43,538	-52,563	-28,797	10,684	3,295	26,960
Net Income Growth	-	-	-	224.25%	-87.78%	-22.81%
Shares Outstanding (Basic)	14	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14	14
Shares Change (YoY)	0.04%	-	-	-	-	0.28%
EPS (Basic)	-3160.69	-3817.32	-2091.39	775.88	239.28	1957.92
EPS (Diluted)	-3162.37	-3819.00	-2091.39	775.88	239.00	1957.92
EPS Growth	-	-	-	224.64%	-87.79%	-23.03%
Free Cash Flow	22,691	-17,362	16,769	-5,685	-5,788	3,903
Free Cash Flow Per Share	1647.32	-1260.92	1217.80	-412.89	-420.38	283.47
Dividend Per Share	200.000	200.000	300.000	400.000	350.000	300.000
Dividend Growth	-33.33%	-33.33%	-25.00%	14.29%	16.67%	9.09%
Gross Margin	29.37%	31.03%	31.82%	31.95%	32.37%	33.44%
Operating Margin	-1.41%	-0.51%	2.41%	5.24%	5.41%	5.63%
Profit Margin	-8.43%	-10.36%	-5.51%	1.97%	0.64%	5.35%
Free Cash Flow Margin	4.39%	-3.42%	3.21%	-1.05%	-1.12%	0.78%
EBITDA	16,240	20,937	35,067	50,255	49,374	49,830
EBITDA Margin	3.15%	4.13%	6.71%	9.24%	9.54%	9.89%
D&A For EBITDA	23,541	23,540	22,488	21,759	21,368	21,454
EBIT	-7,300	-2,603	12,579	28,496	28,006	28,376
EBIT Margin	-1.41%	-0.51%	2.41%	5.24%	5.41%	5.63%
Effective Tax Rate	-	-	-	-	31.03%	35.96%
Advertising Expenses	-	15,052	14,076	11,613	11,759	12,911

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