Korea 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	767,141	768,778	830,392	795,940	691,525
Other Revenue	-	-0	-	-	-
Revenue	767,141	768,778	830,392	795,940	691,525
Revenue Growth (YoY)	-0.21%	-7.42%	4.33%	15.10%	66.51%
Cost of Revenue	730,593	733,049	755,070	742,050	629,897
Gross Profit	36,548	35,729	75,322	53,890	61,628
Selling, General & Admin	24,344	24,644	27,616	22,956	21,180
Operating Expenses	24,808	25,117	28,006	23,370	21,415
Operating Income	11,740	10,612	47,316	30,520	40,213
Interest Expense	-9,599	-14,372	-16,730	-8,286	-7,020
Interest & Investment Income	655.61	650.08	951.63	247.09	113.97
Currency Exchange Gain (Loss)	440.16	-1,935	136.7	-1,286	-1,686
Other Non Operating Income (Expenses)	2,630	2,688	3,395	3,619	1,699
EBT Excluding Unusual Items	5,866	-2,357	35,069	24,814	33,320
Gain (Loss) on Sale of Assets	32.62	0.48	-1.33	-11.2	-37.76
Asset Writedown	-	-	-	7,293	-
Other Unusual Items	147.55	384.54	250.24	182.48	123.44
Pretax Income	6,046	-1,972	35,318	32,278	33,406
Income Tax Expense	3,055	945.06	7,193	-8,355	-3,579
Net Income	2,990	-2,917	28,125	40,634	36,985
Net Income to Common	2,990	-2,917	28,125	40,634	36,985
Net Income Growth	-	-	-30.78%	9.86%	922.84%
Shares Outstanding (Basic)	-	61	61	59	53
Shares Outstanding (Diluted)	-	61	72	70	61
Shares Change (YoY)	-	-16.11%	2.90%	15.20%	60.58%
EPS (Basic)	-	-48.00	464.20	693.59	694.66
EPS (Diluted)	-	-48.00	388.24	577.13	605.16
EPS Growth	-	-	-32.73%	-4.63%	536.98%
Free Cash Flow	3,427	37,946	-3,868	-44,592	-51,245
Free Cash Flow Per Share	-	624.42	-53.39	-633.36	-838.48
Gross Margin	4.76%	4.65%	9.07%	6.77%	8.91%
Operating Margin	1.53%	1.38%	5.70%	3.83%	5.82%
Profit Margin	0.39%	-0.38%	3.39%	5.10%	5.35%
Free Cash Flow Margin	0.45%	4.94%	-0.47%	-5.60%	-7.41%
EBITDA	28,465	27,325	63,184	39,111	49,377
EBITDA Margin	3.71%	3.55%	7.61%	4.91%	7.14%
D&A For EBITDA	16,725	16,713	15,869	8,591	9,164
EBIT	11,740	10,612	47,316	30,520	40,213
EBIT Margin	1.53%	1.38%	5.70%	3.83%	5.82%
Effective Tax Rate	50.54%	-	20.37%	-	-

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