S-Oil Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Revenue	37,494,200	34,246,957	36,637,031	35,726,694	42,446,028	27,463,918
Revenue Growth	7.75%	-6.52%	2.55%	-15.83%	54.55%	63.19%
Cost of Revenue	-	33,203,684	35,411,172	33,620,949	38,291,440	24,701,034
Gross Profit	37,494,200	1,043,273	1,225,859	2,105,745	4,154,588	2,762,884
Selling, General & Admin	-	722,551	727,090	680,218	683,092	553,253
Amortization of Goodwill & Intangibles	-	7,453	4,618	4,526	3,821	4,737
Other Operating Expenses	34,644,400	12,877	13,202	13,127	15,013	18,335
Operating Expenses	34,644,400	807,642	803,682	751,163	749,422	621,942
Operating Income	2,849,800	235,631	422,177	1,354,582	3,405,166	2,140,942
Interest Expense	-239,500	-275,690	-282,691	-236,876	-151,149	-109,813
Interest & Investment Income	-	39,770	53,444	56,333	30,993	9,017
Earnings From Equity Investments	-	3,503	5,890	2,338	-171	1,787
Currency Exchange Gain (Loss)	-520,600	92,127	-592,962	-59,672	-338,832	-321,293
Other Non Operating Income (Expenses)	6,600	80,342	67,925	-21,036	-30,740	42,976
EBT Excluding Unusual Items	2,096,300	175,683	-326,217	1,095,669	2,915,267	1,763,616
Gain (Loss) on Sale of Investments	-	734	168	24,398	-	-
Gain (Loss) on Sale of Assets	-	-484	-3,870	11,638	9,536	114,404
Asset Writedown	-	-2,713	-2,591	-	-26,261	-
Pretax Income	2,096,300	173,220	-332,510	1,131,705	2,898,542	1,878,020
Income Tax Expense	532,500	-3,732	-139,468	182,857	794,155	499,479
Net Income	1,563,800	176,952	-193,042	948,848	2,104,387	1,378,541
Preferred Dividends & Other Adjustments	-	5,926	-	-	-	-
Net Income to Common	1,563,800	171,026	-193,042	948,848	2,104,387	1,378,541
Net Income Growth	-	-	-	-54.91%	52.65%	-
Shares Outstanding (Basic)	116	116	116	116	116	116
Shares Outstanding (Diluted)	116	116	116	116	116	116
Shares Change	0.06%	-	-	-	-	-
EPS (Basic)	13038.29	1469.04	-1658.14	8150.17	18075.72	11841.04
EPS (Diluted)	13038.29	1469.04	-1658.14	8150.17	18075.72	11841.04
EPS Growth	-	-	-	-54.91%	52.65%	-

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	-	36,268	-1,574,281	340,084	1,052,701	1,205,198
Free Cash Flow Per Share	-	311.53	-13522.35	2921.17	9042.22	10352.10
Dividend Per Share	330.000	330.000	125.000	-	5500.000	-
Dividend Growth	164.00%	164.00%	-	-	-	-
Gross Margin	100.00%	3.05%	3.35%	5.89%	9.79%	10.06%
Operating Margin	7.60%	0.69%	1.15%	3.79%	8.02%	7.80%
Profit Margin	4.17%	0.50%	-0.53%	2.66%	4.96%	5.02%
Free Cash Flow Margin	-	0.11%	-4.30%	0.95%	2.48%	4.39%
EBITDA	-	1,042,629	1,174,144	2,073,748	4,055,018	2,792,745
EBITDA Margin	-	3.04%	3.21%	5.80%	9.55%	10.17%
D&A For EBITDA	831,832	806,998	751,967	719,166	649,852	651,803
EBIT	2,849,800	235,631	422,177	1,354,582	3,405,166	2,140,942
EBIT Margin	7.60%	0.69%	1.15%	3.79%	8.02%	7.80%
Effective Tax Rate	25.40%	-	-	16.16%	27.40%	26.60%
Advertising Expenses	-	27,842	30,496	30,571	27,132	21,671