Namsun Aluminum 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	258,922	289,539	310,499	255,740	230,344
Other Revenue	-0	-0	-	-0	-0
Revenue	258,922	289,539	310,499	255,740	230,344
Revenue Growth (YoY)	-10.57%	-6.75%	21.41%	11.03%	-14.20%
Cost of Revenue	240,861	263,171	282,926	237,974	216,247
Gross Profit	18,061	26,368	27,573	17,766	14,097
Selling, General & Admin	18,982	19,780	19,018	18,038	18,500
Research & Development	1,301	1,346	1,295	1,326	1,533
Amortization of Goodwill & Intangibles	-	0.02	0.01	0.05	0.2
Other Operating Expenses	307.78	407.63	193.45	197.64	488.54
Operating Expenses	21,327	21,544	21,127	20,256	21,009
Operating Income	-3,266	4,825	6,446	-2,490	-6,912
Interest Expense	-890.93	-1,029	-1,223	-556.64	-684.25
Interest & Investment Income	1,690	1,899	1,492	575.04	577.7
Currency Exchange Gain (Loss)	249.12	-1,236	-396.02	-1,612	-501.8
Other Non Operating Income (Expenses)	-2,452	-194.44	754.23	414.24	529.26
EBT Excluding Unusual Items	-4,669	4,264	7,074	-3,669	-6,991
Gain (Loss) on Sale of Investments	7,090	-31,280	-13,025	29,596	57,625
Gain (Loss) on Sale of Assets	2,825	451.4	957.3	4,520	1,627
Asset Writedown	-	-	-	-	-2,208
Pretax Income	5,246	-26,565	-4,994	30,447	50,052
Income Tax Expense	1,611	159.86	-4,731	2,517	8,363
Net Income	3,635	-26,725	-263.74	27,929	41,689
Net Income to Common	3,635	-26,725	-263.74	27,929	41,689
Net Income Growth	-	-	-	-33.01%	295.58%
Shares Outstanding (Basic)	130	129	129	117	110
Shares Outstanding (Diluted)	130	129	129	117	110
Shares Change (YoY)	0.55%	-0.22%	10.48%	6.00%	-
EPS (Basic)	28.00	-207.00	-2.04	238.48	377.32
EPS (Diluted)	28.00	-207.00	-2.04	238.48	377.32
EPS Growth	-	-	-	-36.80%	295.58%
Free Cash Flow	-7,817	7,722	-7,985	-9,827	9,675
Free Cash Flow Per Share	-60.21	59.81	-61.72	-83.91	87.57
Gross Margin	6.98%	9.11%	8.88%	6.95%	6.12%
Operating Margin	-1.26%	1.67%	2.08%	-0.97%	-3.00%
Profit Margin	1.40%	-9.23%	-0.08%	10.92%	18.10%
Free Cash Flow Margin	-3.02%	2.67%	-2.57%	-3.84%	4.20%
EBITDA	1,141	8,806	10,429	1,722	-1,782
EBITDA Margin	0.44%	3.04%	3.36%	0.67%	-0.77%
D&A For EBITDA	4,406	3,981	3,983	4,212	5,130
EBIT	-3,266	4,825	6,446	-2,490	-6,912
EBIT Margin	-1.26%	1.67%	2.08%	-0.97%	-3.00%
Effective Tax Rate	30.71%	-	-	8.27%	16.71%
Advertising Expenses	23.57	23.45	95.52	80.7	74.99

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