Korea Line Corporation (KRX: 005880)

Korea Line Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	1,705,327	1,397,365	1,612,014	1,153,843	884,078	1,005,657
Other Revenue	-	-0	-0	-0	-	-
Revenue	1,705,327	1,397,365	1,612,014	1,153,843	884,078	1,005,657
Revenue Growth (YoY)	19.48%	-13.32%	39.71%	30.51%	-12.09%	-21.71%
Cost of Revenue	1,313,589	1,074,854	1,271,598	887,298	680,614	826,173
Gross Profit	391,739	322,511	340,416	266,545	203,465	179,484
Selling, General & Admin	63,732	61,512	59,960	52,117	48,772	45,229
Other Operating Expenses	2,626	2,626	4,614	1,948	3,208	1,719
Operating Expenses	74,862	72,643	73,086	62,584	58,082	51,099
Operating Income	316,876	249,868	267,330	203,961	145,383	128,385
Interest Expense	-167,967	-162,276	-89,179	-67,533	-90,832	-86,980
Interest & Investment Income	9,788	10,370	6,656	15,026	6,699	6,948
Earnings From Equity Investments	7,088	3,380	13,105	13,518	12.79	11,076
Currency Exchange Gain (Loss)	-7,860	6,157	31,954	42,676	-39,670	17,404
Other Non Operating Income (Expenses)	66,709	-98.21	2,017	49,258	-54,188	-3,886
EBT Excluding Unusual Items	224,634	107,400	231,883	256,908	-32,594	72,947
Gain (Loss) on Sale of Investments	-10,208	-1,022	-29,852	-45,986	60.86	-25.63
Gain (Loss) on Sale of Assets	-2,571	-2,571	-1,646	88,423	60,350	14,947
Asset Writedown	-43,809	-43,809	-15,401	20,578	-1,364	-58.47
Other Unusual Items	-	-	-	3,937	114.42	1,555
Pretax Income	168,046	59,997	184,984	323,861	26,567	89,365
Income Tax Expense	38,821	13,643	12,689	17,272	-960.86	-11,656
Earnings From Continuing Operations	129,225	46,354	172,294	306,589	27,527	101,020
Minority Interest in Earnings	19,762	21,925	-14,684	-60,421	-18,738	-10,511
Net Income	148,986	68,279	157,610	246,169	8,789	90,509
Net Income to Common	148,986	68,279	157,610	246,169	8,789	90,509
Net Income Growth	112.69%	-56.68%	-35.97%	2700.72%	-90.29%	18.35%
Shares Outstanding (Basic)	316	311	311	276	237	242
Shares Outstanding (Diluted)	316	311	311	276	237	242
Shares Change (YoY)	1.73%	-	12.48%	16.72%	-2.14%	-0.84%
EPS (Basic)	470.90	219.69	507.12	890.90	37.13	374.13
EPS (Diluted)	470.90	219.69	507.00	890.90	37.00	374.10
EPS Growth	109.19%	-56.67%	-43.09%	2307.84%	-90.11%	19.34%
Free Cash Flow	456,154	-14,220	-170,750	154,663	-158,636	-247,327
Free Cash Flow Per Share	1441.77	-45.75	-549.40	559.74	-670.10	-1022.37
Gross Margin	22.97%	23.08%	21.12%	23.10%	23.01%	17.85%
Operating Margin	18.58%	17.88%	16.58%	17.68%	16.44%	12.77%
Profit Margin	8.74%	4.89%	9.78%	21.33%	0.99%	9.00%
Free Cash Flow Margin	26.75%	-1.02%	-10.59%	13.40%	-17.94%	-24.59%
EBITDA	480,874	410,730	412,618	324,522	276,870	251,911
EBITDA Margin	28.20%	29.39%	25.60%	28.13%	31.32%	25.05%
D&A For EBITDA	163,997	160,862	145,288	120,561	131,487	123,526
EBIT	316,876	249,868	267,330	203,961	145,383	128,385
EBIT Margin	18.58%	17.88%	16.58%	17.68%	16.44%	12.77%
Effective Tax Rate	23.10%	22.74%	6.86%	5.33%	-	-
Advertising Expenses	-	59	91.42	56.85	231.34	265.18

Source: S&P Capital IQ. Standard template. Financial Sources.