Namyang Dairy Products 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	914,149	952,794	996,763	964,660	956,084
Other Revenue	-	-	-0	-	-0
Revenue	914,149	952,794	996,763	964,660	956,084
Revenue Growth (YoY)	-4.06%	-4.41%	3.33%	0.90%	0.75%
Cost of Revenue	721,471	756,872	807,524	814,565	805,487
Gross Profit	192,678	195,922	189,239	150,095	150,597
Selling, General & Admin	180,498	195,598	249,210	229,211	220,378
Amortization of Goodwill & Intangibles	545.2	3,240	3,987	-	-
Operating Expenses	187,504	207,388	260,744	236,902	228,451
Operating Income	5,174	-11,466	-71,505	-86,807	-77,854
Interest Expense	-517.71	-502.07	-496.16	-589.78	-685.29
Interest & Investment Income	2,272	2,259	2,190	2,884	1,465
Currency Exchange Gain (Loss)	-386.93	378.8	336.04	5,802	4,430
Other Non Operating Income (Expenses)	-2,981	-444.47	454.39	-18,486	-1,788
EBT Excluding Unusual Items	3,560	-9,774	-69,020	-97,197	-74,432
Gain (Loss) on Sale of Investments	-	35.78	317.09	171.99	721.37
Gain (Loss) on Sale of Assets	2,421	5,128	904.2	201.98	173.74
Asset Writedown	-	-24.3	-237.2	-396.84	-95.52
Pretax Income	5,982	-4,634	-68,036	-97,220	-73,632
Income Tax Expense	-1,126	-4,884	-1,786	-18,778	-14,741
Net Income	7,108	249.98	-66,250	-78,442	-58,891
Net Income to Common	7,108	249.98	-66,250	-78,442	-58,891
Net Income Growth	2743.40%	-	-	-	-
Shares Outstanding (Basic)	8	9	9	8	8
Shares Outstanding (Diluted)	8	9	9	8	8
Shares Change (YoY)	-13.54%	7.06%	2.18%	-	-
EPS (Basic)	888.00	27.00	-7660.52	-9268.05	-6958.04
EPS (Diluted)	888.00	27.00	-7660.52	-9268.05	-6958.04
EPS Growth	3188.89%	-	-	-	-
Free Cash Flow	21,280	32,363	-46,204	-64,886	28,992
Free Cash Flow Per Share	2658.47	3495.52	-5342.59	-7666.34	3425.46
Dividend Per Share	-	-	100.000	100.000	-
Gross Margin	21.08%	20.56%	18.98%	15.56%	15.75%
Operating Margin	0.57%	-1.20%	-7.17%	-9.00%	-8.14%
Profit Margin	0.78%	0.03%	-6.65%	-8.13%	-6.16%
Free Cash Flow Margin	2.33%	3.40%	-4.63%	-6.73%	3.03%
EBITDA	30,267	20,089	-36,007	-46,576	-23,106
EBITDA Margin	3.31%	2.11%	-3.61%	-4.83%	-2.42%
D&A For EBITDA	25,093	31,555	35,497	40,230	54,748
EBIT	5,174	-11,466	-71,505	-86,807	-77,854
EBIT Margin	0.57%	-1.20%	-7.17%	-9.00%	-8.14%
Advertising Expenses	19,603	24,616	42,622	44,840	40,711

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