Korea Line Corporation (KRX:005880)

Korea Line Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,562,493	1,747,187	1,397,365	1,612,014	1,153,843	884,078
Other Revenue	-	-	-0	-0	-0	-
Revenue	1,562,493	1,747,187	1,397,365	1,612,014	1,153,843	884,078
Revenue Growth (YoY)	0.30%	25.03%	-13.32%	39.71%	30.51%	-12.09%
Cost of Revenue	1,205,247	1,334,167	1,074,854	1,271,598	887,298	680,614
Gross Profit	357,246	413,020	322,511	340,416	266,545	203,465
Selling, General & Admin	76,892	69,827	61,512	59,960	52,117	48,772
Other Operating Expenses	6,091	6,091	2,626	4,614	1,948	3,208
Operating Expenses	91,605	84,539	72,643	73,086	62,584	58,082
Operating Income	265,641	328,481	249,868	267,330	203,961	145,383
Interest Expense	-145,062	-159,424	-162,276	-89,179	-67,533	-90,832
Interest & Investment Income	11,425	10,609	10,370	6,656	15,026	6,699
Earnings From Equity Investments	5,808	5,031	3,380	13,105	13,518	12.79
Currency Exchange Gain (Loss)	25,302	49,128	6,157	31,954	42,676	-39,670
Other Non Operating Income (Expenses)	19,055	3,308	-98.21	2,017	49,258	-54,188
EBT Excluding Unusual Items	182,169	237,133	107,400	231,883	256,908	-32,594
Gain (Loss) on Sale of Investments	7,238	-14,172	-1,022	-29,852	-45,986	60.86
Gain (Loss) on Sale of Assets	-12,514	-12,514	-2,571	-1,646	88,423	60,350
Asset Writedown	-37,952	-37,952	-43,809	-15,401	20,578	-1,364
Other Unusual Items	1,148	1,148	-	-	3,937	114.42
Pretax Income	140,088	173,642	59,997	184,984	323,861	26,567
Income Tax Expense	-4,458	8,818	13,643	12,689	17,272	-960.86
Earnings From Continuing Operations	144,546	164,824	46,354	172,294	306,589	27,527
Minority Interest in Earnings	4,412	-2,733	21,925	-14,684	-60,421	-18,738
Net Income	148,957	162,090	68,279	157,610	246,169	8,789
Net Income to Common	148,957	162,090	68,279	157,610	246,169	8,789
Net Income Growth	33.47%	137.39%	-56.68%	-35.98%	2700.72%	-90.29%
Shares Outstanding (Basic)	319	319	311	311	276	237
Shares Outstanding (Diluted)	319	319	311	311	276	237
Shares Change (YoY)	1.93%	2.67%	-	12.48%	16.72%	-2.14%
EPS (Basic)	466.30	507.95	219.69	507.12	890.90	37.13
EPS (Diluted)	466.30	507.95	219.69	507.00	890.90	37.00
EPS Growth	30.94%	131.21%	-56.67%	-43.09%	2307.84%	-90.11%
Free Cash Flow	402,281	518,719	-14,220	-170,750	154,663	-158,636
Free Cash Flow Per Share	1259.32	1625.55	-45.75	-549.40	559.74	-670.10
Gross Margin	22.86%	23.64%	23.08%	21.12%	23.10%	23.01%
Operating Margin	17.00%	18.80%	17.88%	16.58%	17.68%	16.45%
Profit Margin	9.53%	9.28%	4.89%	9.78%	21.34%	0.99%
Free Cash Flow Margin	25.75%	29.69%	-1.02%	-10.59%	13.40%	-17.94%
EBITDA	422,739	486,332	410,730	412,618	324,522	276,870
EBITDA Margin	27.05%	27.83%	29.39%	25.60%	28.13%	31.32%
D&A For EBITDA	157,098	157,851	160,862	145,288	120,561	131,487
EBIT	265,641	328,481	249,868	267,330	203,961	145,383
EBIT Margin	17.00%	18.80%	17.88%	16.58%	17.68%	16.45%
Effective Tax Rate	-	5.08%	22.74%	6.86%	5.33%	-
Advertising Expenses	-	52.08	59	91.42	56.85	231.34

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