Hankuk Carbon 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
Operating Revenue	908,174	908,810	741,741	594,417	369,271	367,827
Other Revenue	-0	-0	-0	-	-0	-
Revenue	908,174	908,810	741,741	594,417	369,271	367,827
Revenue Growth	10.67%	22.52%	24.79%	60.97%	0.39%	-10.65%
Cost of Revenue	662,574	696,216	624,534	531,586	313,527	307,261
Gross Profit	245,601	212,594	117,207	62,831	55,744	60,567
Selling, General & Admin	75,961	73,319	62,552	41,897	28,502	26,147
Amortization of Goodwill & Intangibles	3,432	3,404	2,859	787.59	106.26	46.97
Other Operating Expenses	1,429	1,230	918.55	701.71	524.58	424.96
Operating Expenses	85,800	81,644	71,927	46,365	30,946	27,834
Operating Income	159,801	130,951	45,280	16,466	24,798	32,732
Interest Expense	-5,720	-6,092	-5,058	-4,526	-913.53	-383.58
Interest & Investment Income	4,250	4,921	5,358	5,482	2,908	2,523
Earnings From Equity Investments	269.59	606.15	-58.58	-597.83	6,724	-1,571
Currency Exchange Gain (Loss)	6,994	-2,491	6,379	485.69	86.08	-2,840
Other Non Operating Income (Expenses)	-31,456	-3,007	2,513	5,866	1,204	4,130
EBT Excluding Unusual Items	134,140	124,888	54,413	23,175	34,806	34,591
Gain (Loss) on Sale of Investments	2,589	8,956	-25,142	-1,885	-5,912	2,119
Gain (Loss) on Sale of Assets	981.84	-1,186	-138.85	-28.93	15.6	8,502
Asset Writedown	-427.63	-793.91	-692.82	-28,325	-9.48	-16,752
Pretax Income	137,282	131,864	28,439	-7,063	28,900	28,460
Income Tax Expense	34,668	30,120	8,115	6,383	8,639	14,109
Earnings From Continuing Operations	102,615	101,744	20,324	-13,446	20,261	14,351
Earnings From Discontinued Operations	0	-0.18	-2.61	-3.13	-0.02	-2.55
Net Income	102,615	101,744	20,321	-13,449	20,261	14,349
Net Income to Common	102,615	101,744	20,321	-13,449	20,261	14,349
Net Income Growth	63.27%	400.67%	-	-	41.20%	-74.99%
Shares Outstanding (Basic)	51	50	49	44	43	43
Shares Outstanding (Diluted)	51	50	49	44	43	43
Shares Change	2.98%	1.21%	11.49%	2.61%	-	3.25%
EPS (Basic)	2024.04	2042.50	412.89	-304.65	470.94	333.52
EPS (Diluted)	2024.04	2042.50	412.89	-305.00	470.94	333.52
EPS Growth	58.60%	394.69%	-	-	41.20%	-75.78%

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	57,771	82,777	89,996	6,765	-38,907	-10,978
Free Cash Flow Per Share	1139.50	1661.75	1828.53	153.23	-904.34	-255.18
Dividend Per Share	320.000	320.000	-	-	130.000	-
Dividend Growth	-	-	-	-	-	-
Gross Margin	27.04%	23.39%	15.80%	10.57%	15.10%	16.47%
Operating Margin	17.60%	14.41%	6.11%	2.77%	6.71%	8.90%
Profit Margin	11.30%	11.20%	2.74%	-2.26%	5.49%	3.90%
Free Cash Flow Margin	6.36%	9.11%	12.13%	1.14%	-10.54%	-2.99%
EBITDA	192,944	161,540	71,771	33,728	38,307	42,731
EBITDA Margin	21.25%	17.77%	9.68%	5.67%	10.37%	11.62%
D&A For EBITDA	33,143	30,590	26,491	17,262	13,509	9,998
EBIT	159,801	130,951	45,280	16,466	24,798	32,732
EBIT Margin	17.60%	14.41%	6.10%	2.77%	6.71%	8.90%
Effective Tax Rate	25.25%	22.84%	28.54%	-	29.89%	49.57%