Shinpoong Paper Mfg. 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	24,228	22,778	26,896	18,782	25,902
Other Revenue	-0	-	-0	-	-0
Revenue	24,228	22,778	26,896	18,782	25,902
Revenue Growth (YoY)	6.36%	-15.31%	43.20%	-27.49%	-23.30%
Cost of Revenue	20,015	19,777	24,020	17,473	23,205
Gross Profit	4,213	3,001	2,876	1,309	2,697
Selling, General & Admin	5,506	5,549	5,291	4,927	4,612
Other Operating Expenses	19.87	414.51	165.83	18.25	311.64
Operating Expenses	6,421	5,615	6,640	5,511	7,667
Operating Income	-2,209	-2,614	-3,764	-4,202	-4,970
Interest Expense	-83.12	-86.84	-112.83	-71.64	-195.53
Interest & Investment Income	1,225	1,466	1,526	1,282	649.36
Currency Exchange Gain (Loss)	61.93	-70.12	-20.69	-2.4	56.63
Other Non Operating Income (Expenses)	389.97	555.72	1,025	293.64	-5,970
EBT Excluding Unusual Items	-614.93	-748.86	-1,347	-2,700	-10,430
Impairment of Goodwill	-	-	-3,044	-	-
Gain (Loss) on Sale of Investments	2,612	1,057	2,039	-4,695	388.19
Gain (Loss) on Sale of Assets	3.64	1.26	2.9	-128.87	12.03
Asset Writedown	-	-	-7.62	-11.86	-
Pretax Income	2,001	308.96	-2,357	-7,535	-10,030
Income Tax Expense	-	-	-322.03	-	-
Earnings From Continuing Operations	2,001	308.96	-2,035	-7,535	-10,030
Earnings From Discontinued Operations	-	-	-7,172	-	-
Net Income to Company	2,001	308.96	-9,206	-7,535	-10,030
Minority Interest in Earnings	-	-	2,709	-	-
Net Income	2,001	308.96	-6,498	-7,535	-10,030
Net Income to Common	2,001	308.96	-6,498	-7,535	-10,030
Net Income Growth	547.72%	-	-	-	-
Shares Outstanding (Basic)	28	28	28	28	28
Shares Outstanding (Diluted)	28	28	28	28	28
Shares Change (YoY)	-1.04%	1.37%	-	-	-
EPS (Basic)	72.00	11.00	-234.52	-271.98	-362.00
EPS (Diluted)	72.00	11.00	-234.52	-272.00	-362.00
EPS Growth	554.54%	-	-	-	-
Free Cash Flow	2,299	1,908	-18,385	-4,032	-5,089
Free Cash Flow Per Share	82.73	67.94	-663.57	-145.53	-183.68
Dividend Per Share	-	-	-	50.000	60.000
Dividend Growth	-	-	-	-16.67%	20.00%
Gross Margin	17.39%	13.18%	10.69%	6.97%	10.41%
Operating Margin	-9.12%	-11.47%	-13.99%	-22.37%	-19.19%
Profit Margin	8.26%	1.36%	-24.16%	-40.12%	-38.72%
Free Cash Flow Margin	9.49%	8.38%	-68.36%	-21.47%	-19.65%
EBITDA	-1,190	-984.33	-2,445	-3,746	-4,325
EBITDA Margin	-4.91%	-4.32%	-9.09%	-19.95%	-16.70%
D&A For EBITDA	1,019	1,629	1,319	455.64	645.08
EBIT	-2,209	-2,614	-3,764	-4,202	-4,970
EBIT Margin	-9.12%	-11.47%	-13.99%	-22.37%	-19.19%

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