Moorim Paper Co., Ltd. (KRX:009200)

Moorim Paper 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,272,038	1,343,732	1,273,979	1,357,214	1,012,760	908,673
Other Revenue	39,296	40,648	47,906	41,926	42,514	40,982
Revenue	1,311,333	1,384,380	1,321,885	1,399,139	1,055,273	949,655
Revenue Growth (YoY)	-2.28%	4.73%	-5.52%	32.58%	11.12%	-15.49%
Cost of Revenue	1,154,021	1,166,761	1,133,755	1,176,378	915,816	829,183
Gross Profit	157,312	217,619	188,130	222,761	139,458	120,471
Selling, General & Admin	103,907	105,709	94,227	104,611	90,034	74,489
Research & Development	2,510	2,519	1,764	4,284	4,306	3,726
Other Operating Expenses	1,478	1,437	1,298	1,297	1,276	1,328
Operating Expenses	111,768	113,229	101,188	113,891	99,898	84,152
Operating Income	45,544	104,390	86,942	108,870	39,560	36,319
Interest Expense	-58,597	-63,015	-70,260	-49,700	-37,448	-39,702
Interest & Investment Income	6,523	7,168	7,995	4,708	1,094	1,497
Currency Exchange Gain (Loss)	2,732	-10,520	-3,110	-9,763	-7,158	3,062
Other Non Operating Income (Expenses)	12,262	16,347	2,208	1,626	10,431	-8,141
EBT Excluding Unusual Items	8,464	54,370	23,774	55,740	6,479	-6,965
Gain (Loss) on Sale of Investments	1,147	126.98	1,076	5,323	1,408	4,051
Gain (Loss) on Sale of Assets	1,437	1,166	-1,919	-556.61	614.3	-1,207
Asset Writedown	-8,827	-7,484	-26,703	-18,915	-5,466	-36,264
Other Unusual Items	-	-	-	-	-	13.61
Pretax Income	2,222	48,179	-3,771	41,593	3,035	-40,372
Income Tax Expense	-15,491	-1,168	-5,173	6,833	2,626	-2,523
Earnings From Continuing Operations	17,713	49,346	1,402	34,759	409.56	-37,849
Net Income to Company	17,713	49,346	1,402	34,759	409.56	-37,849
Minority Interest in Earnings	-4,225	-8,668	2,071	-19,564	-6,776	-651.86
Net Income	13,487	40,678	3,473	15,195	-6,366	-38,501
Net Income to Common	13,487	40,678	3,473	15,195	-6,366	-38,501
Net Income Growth	-50.44%	1071.44%	-77.15%	-	-	-
Shares Outstanding (Basic)	42	42	42	42	42	42
Shares Outstanding (Diluted)	42	42	42	42	42	42
Shares Change (YoY)	-0.53%	-	-	-	-	-
EPS (Basic)	324.34	977.63	83.46	365.19	-153.00	-925.29
EPS (Diluted)	324.34	977.63	83.46	365.19	-153.00	-925.29
EPS Growth	-50.18%	1071.44%	-77.15%	-	-	-
Free Cash Flow	-111,176	6,113	-26,818	-10,375	-120,506	42,329
Free Cash Flow Per Share	-2673.56	146.92	-644.52	-249.35	-2896.14	1017.30
Dividend Per Share	100.000	100.000	-	-	-	-
Gross Margin	12.00%	15.72%	14.23%	15.92%	13.21%	12.69%
Operating Margin	3.47%	7.54%	6.58%	7.78%	3.75%	3.82%
Profit Margin	1.03%	2.94%	0.26%	1.09%	-0.60%	-4.05%
Free Cash Flow Margin	-8.48%	0.44%	-2.03%	-0.74%	-11.42%	4.46%
EBITDA	122,534	181,579	161,747	184,407	114,856	108,001
EBITDA Margin	9.34%	13.12%	12.24%	13.18%	10.88%	11.37%
D&A For EBITDA	76,990	77,189	74,805	75,537	75,296	71,682
EBIT	45,544	104,390	86,942	108,870	39,560	36,319
EBIT Margin	3.47%	7.54%	6.58%	7.78%	3.75%	3.82%
Effective Tax Rate	-	-	-	16.43%	86.51%	-
Advertising Expenses	-	1,678	1,751	1,273	909.93	1,094

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