Kyeryong Construction Industrial Co., Ltd. (KRX:013580)

KRX:013580 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Other Revenue	0	-	-	-0	-	-
Revenue	3,034,607	3,169,362	2,977,005	2,949,680	2,561,801	2,199,962
Revenue Growth (YoY)	-2.51%	6.46%	0.93%	15.14%	16.45%	-3.33%
Cost of Revenue	2,805,907	2,933,869	2,759,003	2,683,054	2,227,015	1,922,513
Gross Profit	228,700	235,494	218,002	266,627	334,787	277,449
Selling, General & Admin	108,234	112,535	104,954	131,281	115,005	98,524
Research & Development	56.65	73.75	162.23	10.76	36.6	201.85
Other Operating Expenses	4,471	4,683	7,522	6,361	3,390	4,296
Operating Expenses	136,371	140,064	95,614	133,449	101,553	113,601
Operating Income	92,329	95,430	122,387	133,178	233,234	163,848
Interest Expense	-27,824	-27,891	-31,174	-29,643	-26,187	-21,403
Interest & Investment Income	10,090	10,465	10,038	8,504	9,567	3,892
Earnings From Equity Investments	-13,853	-12,402	-10,852	-13,891	-16,167	-24,317
Currency Exchange Gain (Loss)	-616.28	-396.54	190.2	-274.23	535.86	-234.16
Other Non Operating Income (Expenses)	8,575	9,201	-7,222	-5,032	3,694	-5,586
EBT Excluding Unusual Items	68,701	74,407	83,367	92,841	204,677	116,199
Gain (Loss) on Sale of Investments	1,048	843.33	1,156	1,106	1,162	1,305
Gain (Loss) on Sale of Assets	1,860	213.11	1,069	2,810	7,801	4,940
Asset Writedown	-5,303	-5,314	-18,052	-220.61	-1,480	-832.31
Pretax Income	66,306	70,149	67,540	96,537	212,160	121,612
Income Tax Expense	14,982	15,633	15,616	36,197	55,742	26,198
Earnings From Continuing Operations	51,324	54,516	51,924	60,339	156,418	95,414
Minority Interest in Earnings	-6,411	-7,127	-4,681	139.5	-510.56	-1,358
Net Income	44,914	47,389	47,243	60,479	155,907	94,056
Net Income to Common	44,914	47,389	47,243	60,479	155,907	94,056
Net Income Growth	-11.97%	0.31%	-21.88%	-61.21%	65.76%	31.43%
Shares Outstanding (Basic)	9	9	9	9	9	9
Shares Outstanding (Diluted)	9	9	9	9	9	9
Shares Change (YoY)	-	-	-	-	3.51%	-
EPS (Basic)	5070.54	5350.00	5333.50	6827.75	17601.14	10991.59
EPS (Diluted)	5070.00	5350.00	5333.50	6827.75	17601.14	10991.59
EPS Growth	-11.98%	0.31%	-21.88%	-61.21%	60.13%	31.43%
Free Cash Flow	35,278	-39,564	-4,982	7,332	108,479	173,727
Free Cash Flow Per Share	3982.76	-4466.60	-562.39	827.72	12246.71	20302.13
Dividend Per Share	400.000	400.000	-	-	-	-
Gross Margin	7.54%	7.43%	7.32%	9.04%	13.07%	12.61%
Operating Margin	3.04%	3.01%	4.11%	4.52%	9.10%	7.45%
Profit Margin	1.48%	1.49%	1.59%	2.05%	6.09%	4.28%
Free Cash Flow Margin	1.16%	-1.25%	-0.17%	0.25%	4.23%	7.90%
EBITDA	117,996	122,258	152,927	154,245	258,835	191,950
EBITDA Margin	3.89%	3.86%	5.14%	5.23%	10.10%	8.72%
D&A For EBITDA	25,668	26,829	30,540	21,067	25,601	28,102
EBIT	92,329	95,430	122,387	133,178	233,234	163,848
EBIT Margin	3.04%	3.01%	4.11%	4.52%	9.10%	7.45%
Effective Tax Rate	22.60%	22.29%	23.12%	37.50%	26.27%	21.54%
Advertising Expenses	-	1,400	1,499	5,590	1,848	1,627

Source: S&P Global Market Intelligence. Standard template. Financial Sources.