Korea Steel Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	802,898	768,778	830,392	795,940	691,525	415,314
Other Revenue	-0	-0	-	-	-	-
Revenue	802,898	768,778	830,392	795,940	691,525	415,314
Revenue Growth (YoY)	4.84%	-7.42%	4.33%	15.10%	66.51%	6.23%
Cost of Revenue	758,535	733,049	755,070	742,050	629,897	391,463
Gross Profit	44,363	35,729	75,322	53,890	61,628	23,850
Selling, General & Admin	24,266	24,644	27,616	22,956	21,180	16,632
Operating Expenses	24,732	25,117	28,006	23,370	21,415	16,569
Operating Income	19,630	10,612	47,316	30,520	40,213	7,282
Interest Expense	-10,599	-14,372	-16,730	-8,286	-7,020	-6,874
Interest & Investment Income	652.22	650.08	951.63	247.09	113.97	146.89
Earnings From Equity Investments	-	-	-	-	-	-17.37
Currency Exchange Gain (Loss)	-1,292	-1,935	136.7	-1,286	-1,686	850.15
Other Non Operating Income (Expenses)	2,820	2,688	3,395	3,619	1,699	-633.48
EBT Excluding Unusual Items	11,212	-2,357	35,069	24,814	33,320	753.69
Gain (Loss) on Sale of Assets	7.39	0.48	-1.33	-11.2	-37.76	156.38
Asset Writedown	-	-	-	7,293	-	-9.88
Other Unusual Items	147.55	384.54	250.24	182.48	123.44	3,216
Pretax Income	11,367	-1,972	35,318	32,278	33,406	4,116
Income Tax Expense	5,773	945.06	7,193	-8,355	-3,579	500.5
Net Income	5,594	-2,917	28,125	40,634	36,985	3,616
Net Income to Common	5,594	-2,917	28,125	40,634	36,985	3,616
Net Income Growth	133.26%	-	-30.78%	9.86%	922.84%	-
Shares Outstanding (Basic)	59	61	61	59	53	38
Shares Outstanding (Diluted)	59	61	72	70	61	38
Shares Change (YoY)	-7.51%	-16.11%	2.90%	15.20%	60.58%	17.64%
EPS (Basic)	95.22	-48.00	464.20	693.59	694.66	95.01
EPS (Diluted)	95.22	-48.00	388.24	577.13	605.16	95.01
EPS Growth	152.21%	-	-32.73%	-4.63%	536.98%	-
Free Cash Flow	20,130	37,946	-3,868	-44,592	-51,245	14,709
Free Cash Flow Per Share	342.67	624.42	-53.39	-633.36	-838.48	386.46
Gross Margin	5.53%	4.65%	9.07%	6.77%	8.91%	5.74%
Operating Margin	2.44%	1.38%	5.70%	3.83%	5.82%	1.75%
Profit Margin	0.70%	-0.38%	3.39%	5.10%	5.35%	0.87%
Free Cash Flow Margin	2.51%	4.94%	-0.47%	-5.60%	-7.41%	3.54%
EBITDA	36,352	27,325	63,184	39,111	49,377	18,893
EBITDA Margin	4.53%	3.55%	7.61%	4.91%	7.14%	4.55%
D&A For EBITDA	16,722	16,713	15,869	8,591	9,164	11,611
EBIT	19,630	10,612	47,316	30,520	40,213	7,282
EBIT Margin	2.44%	1.38%	5.70%	3.83%	5.82%	1.75%
Effective Tax Rate	50.79%	-	20.37%	-	-	12.16%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.