Hyundai Bng 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	741,250	795,376	1,045,306	1,281,157	855,704
Other Revenue	-0	-	-0	-	-0
Revenue	741,250	795,376	1,045,306	1,281,157	855,704
Revenue Growth (YoY)	-6.80%	-23.91%	-18.41%	49.72%	25.79%
Cost of Revenue	666,460	717,249	1,030,424	1,201,100	723,145
Gross Profit	74,790	78,128	14,881	80,057	132,559
Selling, General & Admin	45,461	44,064	47,346	45,375	40,361
Research & Development	331.56	358.09	303.91	277.14	621.51
Amortization of Goodwill & Intangibles	2,084	2,095	1,475	96.07	113.69
Operating Expenses	48,897	47,501	50,109	46,591	42,892
Operating Income	25,893	30,627	-35,228	33,466	89,667
Interest Expense	-4,581	-5,357	-8,160	-7,246	-2,727
Interest & Investment Income	1,719	1,665	761.34	340.32	94.14
Earnings From Equity Investments	-4,368	2,241	410.25	8,094	-
Currency Exchange Gain (Loss)	1,558	-8,268	-2,800	558.55	-4,219
Other Non Operating Income (Expenses)	542.16	10,806	6,521	-3,271	6,654
EBT Excluding Unusual Items	20,763	31,714	-38,496	31,943	89,469
Gain (Loss) on Sale of Investments	-147.77	372.95	111.79	-	65.9
Gain (Loss) on Sale of Assets	-265.85	193.05	-367.34	1,106	2,099
Asset Writedown	-	-	-	-	5,228
Pretax Income	20,350	32,280	-38,752	33,049	96,862
Income Tax Expense	5,525	7,311	-8,552	6,996	27,070
Net Income	14,824	24,970	-30,200	26,053	69,792
Net Income to Common	14,824	24,970	-30,200	26,053	69,792
Net Income Growth	-40.63%	-	-	-62.67%	195.75%
Shares Outstanding (Basic)	15	15	15	15	15
Shares Outstanding (Diluted)	15	15	15	15	15
Shares Change (YoY)	0.00%	0.03%	-0.03%	-	-
EPS (Basic)	976.00	1644.00	-1989.00	1715.27	4595.04
EPS (Diluted)	976.00	1644.00	-1989.00	1715.27	4595.04
EPS Growth	-40.63%	-	-	-62.67%	195.75%
Free Cash Flow	55,575	64,337	49,553	-68,837	-1,130
Free Cash Flow Per Share	3658.93	4235.91	3263.61	-4532.15	-74.37
Gross Margin	10.09%	9.82%	1.42%	6.25%	15.49%
Operating Margin	3.49%	3.85%	-3.37%	2.61%	10.48%
Profit Margin	2.00%	3.14%	-2.89%	2.03%	8.16%
Free Cash Flow Margin	7.50%	8.09%	4.74%	-5.37%	-0.13%
EBITDA	43,785	49,811	-16,704	50,300	105,761
EBITDA Margin	5.91%	6.26%	-1.60%	3.93%	12.36%
D&A For EBITDA	17,892	19,184	18,524	16,834	16,094
EBIT	25,893	30,627	-35,228	33,466	89,667
EBIT Margin	3.49%	3.85%	-3.37%	2.61%	10.48%
Effective Tax Rate	27.15%	22.65%	-	21.17%	27.95%

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