Namhae Chemical 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	1,599,703	1,519,109	1,588,078	2,169,566	1,451,884	1,009,845
Other Revenue	0	-	-	-	-0	-
Revenue	1,599,703	1,519,109	1,588,078	2,169,566	1,451,884	1,009,845
Revenue Growth (YoY)	4.67%	-4.34%	-26.80%	49.43%	43.77%	-10.03%
Cost of Revenue	1,444,625	1,381,026	1,481,778	1,995,401	1,331,020	893,126
Gross Profit	155,078	138,084	106,300	174,165	120,864	116,719
Selling, General & Admin	96,941	96,515	90,556	108,884	97,600	87,755
Research & Development	1,140	1,369	1,102	-	-	-
Amortization of Goodwill & Intangibles	1,417	1,388	946.68	108.53	107.93	73.96
Operating Expenses	102,104	101,875	95,199	111,575	100,381	90,337
Operating Income	52,974	36,208	11,101	62,590	20,483	26,382
Interest Expense	-8,538	-9,459	-11,640	-9,170	-567.61	-928.2
Interest & Investment Income	4,115	4,369	6,495	4,496	934.07	1,615
Earnings From Equity Investments	-909.84	746.76	357.89	-724.37	17.98	6.76
Currency Exchange Gain (Loss)	1,136	-7,656	-6,256	6,425	-647.95	1,535
Other Non Operating Income (Expenses)	-2,627	4,317	9,533	8,598	4,599	3,702
EBT Excluding Unusual Items	46,150	28,525	9,591	72,215	24,819	32,312
Gain (Loss) on Sale of Assets	-1,209	-1,184	233.87	248.21	-0.92	117.9
Asset Writedown	-	-	-	-7,254	-361.24	-
Pretax Income	44,941	27,341	9,825	65,210	24,457	32,430
Income Tax Expense	12,120	5,820	-853.27	18,100	2,791	7,386
Earnings From Continuing Operations	32,820	21,522	10,678	47,109	21,666	25,044
Minority Interest in Earnings	2,848	3,633	1,288	150.58	-1.82	-
Net Income	35,668	25,155	11,966	47,260	21,664	25,044
Net Income to Common	35,668	25,155	11,966	47,260	21,664	25,044
Net Income Growth	23.29%	110.21%	-74.68%	118.15%	-13.50%	-6.73%
Shares Outstanding (Basic)	48	48	48	48	48	48
Shares Outstanding (Diluted)	48	48	48	48	48	48
Shares Change (YoY)	-0.02%	-	-	-	-	-
EPS (Basic)	743.97	524.62	249.56	985.64	451.82	522.32
EPS (Diluted)	743.97	524.62	249.56	985.64	451.82	522.32
EPS Growth	23.32%	110.21%	-74.68%	118.15%	-13.50%	-6.73%
Free Cash Flow	15,737	71,521	24,878	-151,005	-134,938	37,359
Free Cash Flow Per Share	328.24	1491.62	518.85	-3149.31	-2814.21	779.15
Dividend Per Share	80.000	80.000	-	-	-	80.000
Gross Margin	9.69%	9.09%	6.69%	8.03%	8.33%	11.56%
Operating Margin	3.31%	2.38%	0.70%	2.89%	1.41%	2.61%
Profit Margin	2.23%	1.66%	0.75%	2.18%	1.49%	2.48%
Free Cash Flow Margin	0.98%	4.71%	1.57%	-6.96%	-9.29%	3.70%
EBITDA	81,158	61,954	31,891	79,136	36,300	42,699
EBITDA Margin	5.07%	4.08%	2.01%	3.65%	2.50%	4.23%
D&A For EBITDA	28,184	25,746	20,790	16,546	15,817	16,317
EBIT	52,974	36,208	11,101	62,590	20,483	26,382
EBIT Margin	3.31%	2.38%	0.70%	2.89%	1.41%	2.61%
Effective Tax Rate	26.97%	21.29%	-	27.76%	11.41%	22.78%
Advertising Expenses	-	2,905	2,137	621.51	561.19	427.64

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