SAMWONSTEEL 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	356,441	343,559	359,058	364,111	299,953	245,989
Other Revenue	-	-	-	-0	-0	-
Revenue	356,441	343,559	359,058	364,111	299,953	245,989
Revenue Growth (YoY)	0.86%	-4.32%	-1.39%	21.39%	21.94%	-8.67%
Cost of Revenue	332,366	318,615	330,135	334,432	279,250	225,975
Gross Profit	24,075	24,944	28,923	29,679	20,703	20,014
Selling, General & Admin	13,395	12,910	11,973	12,578	10,949	9,680
Other Operating Expenses	58.78	59.14	74.73	47.75	44.04	59.63
Operating Expenses	13,906	13,188	12,418	13,147	11,153	10,022
Operating Income	10,170	11,756	16,505	16,533	9,549	9,993
Interest Expense	-0.88	-4.25	-2.11	-15.94	-4.87	-38.57
Interest & Investment Income	2,404	2,349	1,961	867.55	847.89	839.67
Earnings From Equity Investments	-2,559	-2,383	94.9	-1,806	-693.37	-1,095
Currency Exchange Gain (Loss)	262.33	798.07	-54.99	-1,074	663.53	-836.22
Other Non Operating Income (Expenses)	2,544	2,825	2,990	2,526	1,393	1,780
EBT Excluding Unusual Items	12,820	15,342	21,493	17,030	11,755	10,642
Gain (Loss) on Sale of Assets	58.92	-93.1	147.45	-50.65	45.91	-6.56
Pretax Income	12,878	15,249	21,641	16,979	11,801	10,636
Income Tax Expense	2,519	2,006	5,032	3,966	2,997	2,516
Net Income	10,359	13,243	16,609	13,013	8,804	8,119
Net Income to Common	10,359	13,243	16,609	13,013	8,804	8,119
Net Income Growth	-30.16%	-20.27%	27.63%	47.81%	8.43%	-22.18%
Shares Outstanding (Basic)	40	40	40	40	40	40
Shares Outstanding (Diluted)	40	40	40	40	40	40
Shares Change (YoY)	-	-	-	-	-0.05%	-0.57%
EPS (Basic)	260.68	333.24	417.94	327.46	221.54	204.20
EPS (Diluted)	260.68	333.24	417.94	327.46	221.54	204.20
EPS Growth	-30.16%	-20.27%	27.63%	47.81%	8.49%	-21.73%
Free Cash Flow	7,750	11,986	14,495	-5,252	-492.18	10,485
Free Cash Flow Per Share	195.02	301.62	364.76	-132.17	-12.38	263.69
Gross Margin	6.75%	7.26%	8.05%	8.15%	6.90%	8.14%
Operating Margin	2.85%	3.42%	4.60%	4.54%	3.18%	4.06%
Profit Margin	2.91%	3.85%	4.63%	3.57%	2.94%	3.30%
Free Cash Flow Margin	2.17%	3.49%	4.04%	-1.44%	-0.16%	4.26%
EBITDA	16,795	18,720	23,480	23,089	16,100	16,764
EBITDA Margin	4.71%	5.45%	6.54%	6.34%	5.37%	6.82%
D&A For EBITDA	6,625	6,964	6,975	6,557	6,550	6,772
EBIT	10,170	11,756	16,505	16,533	9,549	9,993
EBIT Margin	2.85%	3.42%	4.60%	4.54%	3.18%	4.06%
Effective Tax Rate	19.56%	13.15%	23.25%	23.36%	25.40%	23.66%
Advertising Expenses	-	22.4	107.85	2.2	16.92	2

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