Namhae Chemical Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,604,421	1,519,109	1,588,078	2,169,566	1,451,884
Other Revenue	-0	-	-	-	-0
Revenue	1,604,421	1,519,109	1,588,078	2,169,566	1,451,884
Revenue Growth (YoY)	5.62%	-4.34%	-26.80%	49.43%	43.77%
Cost of Revenue	1,460,416	1,381,026	1,481,778	1,995,401	1,331,020
Gross Profit	144,005	138,084	106,300	174,165	120,864
Selling, General & Admin	95,796	96,515	90,556	108,884	97,600
Research & Development	1,223	1,369	1,102	-	-
Amortization of Goodwill & Intangibles	1,423	1,388	946.68	108.53	107.93
Operating Expenses	100,921	101,875	95,199	111,575	100,381
Operating Income	43,084	36,208	11,101	62,590	20,483
Interest Expense	-9,074	-9,459	-11,640	-9,170	-567.61
Interest & Investment Income	3,666	4,369	6,495	4,496	934.07
Earnings From Equity Investments	-1,024	746.76	357.89	-724.37	17.98
Currency Exchange Gain (Loss)	2,119	-7,656	-6,256	6,425	-647.95
Other Non Operating Income (Expenses)	-4,118	4,317	9,533	8,598	4,599
EBT Excluding Unusual Items	34,653	28,525	9,591	72,215	24,819
Gain (Loss) on Sale of Assets	9.83	-1,184	233.87	248.21	-0.92
Asset Writedown	-	-	-	-7,254	-361.24
Pretax Income	34,663	27,341	9,825	65,210	24,457
Income Tax Expense	7,737	5,820	-853.27	18,100	2,791
Earnings From Continuing Operations	26,926	21,522	10,678	47,109	21,666
Minority Interest in Earnings	2,228	3,633	1,288	150.58	-1.82
Net Income	29,153	25,155	11,966	47,260	21,664
Net Income to Common	29,153	25,155	11,966	47,260	21,664
Net Income Growth	15.90%	110.21%	-74.68%	118.15%	-13.50%
Shares Outstanding (Basic)	48	48	48	48	48
Shares Outstanding (Diluted)	48	48	48	48	48
Shares Change (YoY)	0.07%	-0.07%	-	-	-
EPS (Basic)	608.00	525.00	249.56	985.64	451.82
EPS (Diluted)	608.00	525.00	249.56	985.64	451.82
EPS Growth	15.81%	110.37%	-74.68%	118.15%	-13.50%
Free Cash Flow	21,352	71,521	24,878	-151,005	-134,938
Free Cash Flow Per Share	445.29	1492.70	518.85	-3149.31	-2814.21
Gross Margin	8.98%	9.09%	6.69%	8.03%	8.33%
Operating Margin	2.69%	2.38%	0.70%	2.89%	1.41%
Profit Margin	1.82%	1.66%	0.75%	2.18%	1.49%
Free Cash Flow Margin	1.33%	4.71%	1.57%	-6.96%	-9.29%
EBITDA	71,857	61,954	31,891	79,136	36,300
EBITDA Margin	4.48%	4.08%	2.01%	3.65%	2.50%
D&A For EBITDA	28,774	25,746	20,790	16,546	15,817
EBIT	43,084	36,208	11,101	62,590	20,483
EBIT Margin	2.69%	2.38%	0.70%	2.89%	1.41%
Effective Tax Rate	22.32%	21.29%	-	27.76%	11.41%
Advertising Expenses	2,594	2,905	2,137	621.51	561.19

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