Kumkang Kind 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	823,841	801,352	856,893	728,932	570,536	501,933
Other Revenue	-0	-0	-0	-0	-0	0
Revenue	823,841	801,352	856,893	728,932	570,536	501,933
Revenue Growth (YoY)	1.27%	-6.48%	17.55%	27.76%	13.67%	-8.69%
Cost of Revenue	700,401	676,726	700,942	620,496	475,856	434,302
Gross Profit	123,440	124,626	155,951	108,435	94,680	67,631
Selling, General & Admin	101,074	85,241	78,454	68,659	59,375	62,073
Research & Development	582.23	582.23	554.08	259.62	361.82	222.32
Amortization of Goodwill & Intangibles	16.67	16.67	11.33	69.03	90.02	76.68
Other Operating Expenses	1,686	1,686	1,416	3,813	1,775	1,347
Operating Expenses	106,262	90,734	89,306	74,291	68,038	69,362
Operating Income	17,177	33,891	66,645	34,145	26,642	-1,731
Interest Expense	-25,551	-25,551	-24,243	-14,667	-8,450	-11,064
Interest & Investment Income	4,006	4,006	3,137	2,657	1,679	1,438
Earnings From Equity Investments	724.79	1,624	-1,128	485.33	2,510	-172.46
Currency Exchange Gain (Loss)	35.95	3,603	-458.66	989	5,383	-5,155
Other Non Operating Income (Expenses)	1,714	104.54	225.99	35,793	-194.73	19.88
EBT Excluding Unusual Items	-1,893	17,678	44,178	59,402	27,569	-16,665
Gain (Loss) on Sale of Investments	835.68	2,401	956.31	1,630	175.72	69.12
Gain (Loss) on Sale of Assets	814.37	3,564	5,096	2,486	1,526	24,950
Asset Writedown	-966.05	-2,591	-3,923	-2,650	-366.23	-5,178
Pretax Income	-1,209	21,051	46,307	60,869	28,904	3,177
Income Tax Expense	4,676	4,207	1,586	6,957	6,874	878.64
Earnings From Continuing Operations	-5,885	16,844	44,721	53,912	22,030	2,298
Earnings From Discontinued Operations	-	-	67.36	-531.72	-	-
Net Income to Company	-5,885	16,844	44,788	53,380	22,030	2,298
Minority Interest in Earnings	-10,524	-11,326	-6,404	-2,466	-2,119	-3,804
Net Income	-16,409	5,518	38,384	50,914	19,911	-1,506
Preferred Dividends & Other Adjustments	-180.74	133.27	-	-	-	-
Net Income to Common	-16,228	5,385	38,384	50,914	19,911	-1,506
Net Income Growth	-	-85.62%	-24.61%	155.71%	-	-
Shares Outstanding (Basic)	25	25	26	26	26	23
Shares Outstanding (Diluted)	25	25	26	26	26	23
Shares Change (YoY)	-3.79%	-3.17%	-	0.75%	15.24%	2.29%
EPS (Basic)	-654.62	211.21	1457.75	1933.59	761.88	-66.41
EPS (Diluted)	-654.62	211.21	1457.75	1933.59	761.88	-66.41
EPS Growth	-	-85.51%	-24.61%	153.79%	-	-
Free Cash Flow	9,843	-51,473	2,015	-51,416	-28,904	-29,388
Free Cash Flow Per Share	397.04	-2018.77	76.53	-1952.65	-1105.99	-1295.90
Dividend Per Share	120.000	120.000	120.000	120.000	100.000	40.000
Dividend Growth	-	-	-	20.00%	150.00%	-50.00%
Gross Margin	14.98%	15.55%	18.20%	14.88%	16.59%	13.47%
Operating Margin	2.08%	4.23%	7.78%	4.68%	4.67%	-0.34%
Profit Margin	-1.97%	0.67%	4.48%	6.98%	3.49%	-0.30%
Free Cash Flow Margin	1.20%	-6.42%	0.24%	-7.05%	-5.07%	-5.85%
EBITDA	81,938	95,643	127,555	98,920	79,075	56,820
EBITDA Margin	9.95%	11.94%	14.89%	13.57%	13.86%	11.32%
D&A For EBITDA	64,760	61,752	60,910	64,776	52,433	58,551
EBIT	17,177	33,891	66,645	34,145	26,642	-1,731
EBIT Margin	2.08%	4.23%	7.78%	4.68%	4.67%	-0.34%
Effective Tax Rate	-	19.98%	3.43%	11.43%	23.78%	27.66%
Advertising Expenses	-	576.23	431.31	302.27	328.31	341.49

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