KT&G Corporation (KRX:033780)

KT&G Corporation Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,422,317	5,908,792	5,862,608	5,851,406	5,228,352	5,055,311
Other Revenue	-	-	-	-	-0	-
Revenue	6,422,317	5,908,792	5,862,608	5,851,406	5,228,352	5,055,311
Revenue Growth (YoY)	10.85%	0.79%	0.19%	11.92%	3.42%	1.86%
Cost of Revenue	3,347,943	3,025,443	3,071,372	2,907,027	2,365,665	2,140,966
Gross Profit	3,074,374	2,883,349	2,791,236	2,944,379	2,862,687	2,914,345
Selling, General & Admin	1,575,676	1,538,509	1,477,250	1,511,207	1,363,611	1,319,485
Research & Development	65,939	59,954	50,655	50,531	63,544	52,725
Amortization of Goodwill & Intangibles	24,140	23,517	24,801	22,008	14,339	8,344
Other Operating Expenses	32,038	34,328	28,225	31,307	29,524	27,803
Operating Expenses	1,761,142	1,694,535	1,623,900	1,676,729	1,524,303	1,441,162
Operating Income	1,313,232	1,188,814	1,167,336	1,267,650	1,338,383	1,473,183
Interest Expense	-61,828	-42,089	-45,706	-34,772	-17,844	-6,004
Interest & Investment Income	131,158	134,150	97,777	64,064	37,999	44,572
Earnings From Equity Investments	36,484	19,232	9,619	29,519	11,545	4,135
Currency Exchange Gain (Loss)	183,067	363,696	23,568	105,019	129,041	-129,134
Other Non Operating Income (Expenses)	-44,549	-80,607	-17,378	-38,248	-49,857	9,875
EBT Excluding Unusual Items	1,557,564	1,583,196	1,235,216	1,393,232	1,449,267	1,396,627
Gain (Loss) on Sale of Investments	-30,227	-18,430	19,223	24,881	16,083	65,779
Gain (Loss) on Sale of Assets	64,654	76,446	7,978	35,869	-1,230	147,503
Asset Writedown	-74,012	-75,387	-14,035	-24,463	-24,567	-5,047
Pretax Income	1,517,979	1,565,825	1,248,382	1,429,519	1,439,553	1,604,862
Income Tax Expense	370,135	393,689	318,836	415,602	415,441	438,493
Earnings From Continuing Operations	1,147,844	1,172,136	929,546	1,013,917	1,024,113	1,166,369
Earnings From Discontinued Operations	-2,543	-7,137	-7,185	-8,590	-52,354	5,274
Net Income to Company	1,145,301	1,164,999	922,361	1,005,327	971,759	1,171,643
Minority Interest in Earnings	-1,802	728	-19,699	10,458	5,500	91.37
Net Income	1,143,499	1,165,727	902,662	1,015,785	977,259	1,171,734
Net Income to Common	1,143,499	1,165,727	902,662	1,015,785	977,259	1,171,734
Net Income Growth	21.84%	29.14%	-11.14%	3.94%	-16.60%	13.21%
Shares Outstanding (Basic)	99	103	115	120	124	126
Shares Outstanding (Diluted)	99	103	115	120	124	126
Shares Change (YoY)	-11.75%	-10.48%	-3.81%	-3.29%	-1.58%	-0.44%
EPS (Basic)	11511.16	11313.54	7842.68	8489.11	7898.24	9320.20
EPS (Diluted)	11511.16	11313.54	7842.68	8489.11	7898.24	9320.20
EPS Growth	38.06%	44.26%	-7.61%	7.48%	-15.26%	13.71%
Free Cash Flow	-204,845	40,072	769,392	615,304	1,085,547	958,925
Free Cash Flow Per Share	-2062.09	388.90	6684.77	5142.22	8773.43	7627.47
Dividend Per Share	6800.000	5400.000	-	-	-	-
Gross Margin	47.87%	48.80%	47.61%	50.32%	54.75%	57.65%
Operating Margin	20.45%	20.12%	19.91%	21.66%	25.60%	29.14%
Profit Margin	17.80%	19.73%	15.40%	17.36%	18.69%	23.18%
Free Cash Flow Margin	-3.19%	0.68%	13.12%	10.51%	20.76%	18.97%
EBITDA	1,593,883	1,439,074	1,408,409	1,493,105	1,555,543	1,676,504
EBITDA Margin	24.82%	24.36%	24.02%	25.52%	29.75%	33.16%
D&A For EBITDA	280,651	250,260	241,073	225,455	217,160	203,321
EBIT	1,313,232	1,188,814	1,167,336	1,267,650	1,338,383	1,473,183
EBIT Margin	20.45%	20.12%	19.91%	21.66%	25.60%	29.14%
Effective Tax Rate	24.38%	25.14%	25.54%	29.07%	28.86%	27.32%
Advertising Expenses	-	341,229	307,362	311,178	300,906	274,971

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