Posco International Corporation (KRX: 047050)

Posco International Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Revenue	31,998,064	33,132,821	37,989,588	33,948,865	21,472,386	24,422,575
Revenue Growth (YoY)	-6.40%	-12.78%	11.90%	58.10%	-12.08%	-2.98%
Cost of Revenue	30,165,197	31,299,058	36,426,103	32,817,303	20,550,630	23,302,785
Gross Profit	1,832,866	1,833,764	1,563,485	1,131,562	921,756	1,119,790
Selling, General & Admin	672,947	632,420	582,778	481,534	401,537	447,073
Research & Development	6,193	3,974	955	737	495	2,637
Other Operating Expenses	10,776	10,783	10,305	5,963	6,031	6,881
Operating Expenses	700,377	679,973	666,129	551,565	497,846	563,966
Operating Income	1,132,489	1,153,791	897,356	579,997	423,910	555,825
Interest Expense	-282,223	-282,071	-145,707	-82,451	-98,489	-141,244
Interest & Investment Income	57,458	61,949	34,895	24,924	37,014	40,911
Earnings From Equity Investments	-33,229	-4,330	8,732	11,762	-28,206	-24,804
Currency Exchange Gain (Loss)	669.97	3,062	-43,003	32,502	-15,128	12,141
Other Non Operating Income (Expenses)	-74,695	-99,756	-27,011	-78,777	-5,397	-57,925
EBT Excluding Unusual Items	800,471	832,645	725,262	487,958	313,704	384,904
Gain (Loss) on Sale of Investments	98,469	98,175	54,702	72,760	22,049	51,975
Gain (Loss) on Sale of Assets	-4,285	1,711	-399	-2,628	422	22,050
Asset Writedown	-15,930	-17,909	-37,418	-70,058	-9,006	-128,951
Other Unusual Items	-	-	-	669	-	-
Pretax Income	878,725	914,622	742,147	488,700	327,169	329,978
Income Tax Expense	237,678	234,203	137,234	132,212	97,645	127,580
Earnings From Continuing Operations	641,047	680,419	604,912	356,488	229,524	202,398
Net Income to Company	641,047	680,419	604,912	356,488	229,524	202,398
Minority Interest in Earnings	-4,796	-6,534	-15,162	4,301	9,033	7,006
Net Income	636,251	673,886	589,750	360,789	238,557	209,404
Preferred Dividends & Other Adjustments	3,651	3,651	-	-	-	-
Net Income to Common	632,600	670,235	589,750	360,789	238,557	209,404
Net Income Growth	5.20%	14.27%	63.46%	51.24%	13.92%	34.95%
Shares Outstanding (Basic)	170	170	123	123	123	123
Shares Outstanding (Diluted)	170	170	123	123	123	123
Shares Change (YoY)	16.02%	37.91%	-0.00%	-	-	-
EPS (Basic)	3715.36	3939.09	4780.20	2924.33	1933.59	1697.30
EPS (Diluted)	3715.36	3939.00	4780.00	2924.00	1933.59	1697.00
EPS Growth	-9.84%	-17.59%	63.47%	51.22%	13.94%	34.92%
Free Cash Flow	985,801	614,053	970,537	-692,565	1,045,361	1,524,670
Free Cash Flow Per Share	5789.77	3608.90	7866.66	-5613.50	8473.04	12358.03
Dividend Per Share	1000.000	1000.000	1000.000	800.000	700.000	700.000
Dividend Growth	0%	0%	25.00%	14.29%	0%	16.67%
Gross Margin	5.73%	5.53%	4.12%	3.33%	4.29%	4.58%
Operating Margin	3.54%	3.48%	2.36%	1.71%	1.97%	2.28%
Profit Margin	1.98%	2.02%	1.55%	1.06%	1.11%	0.86%
Free Cash Flow Margin	3.08%	1.85%	2.55%	-2.04%	4.87%	6.24%
EBITDA	1,670,740	1,691,831	1,297,915	923,831	756,649	842,115
EBITDA Margin	5.22%	5.11%	3.42%	2.72%	3.52%	3.45%
D&A For EBITDA	538,251	538,040	400,559	343,835	332,739	286,290
EBIT	1,132,489	1,153,791	897,356	579,997	423,910	555,825
EBIT Margin	3.54%	3.48%	2.36%	1.71%	1.97%	2.28%
Effective Tax Rate	27.05%	25.61%	18.49%	27.05%	29.85%	38.66%
Advertising Expenses	-	7,589	6,835	4,131	3,306	5,648

Source: S&P Capital IQ. Standard template. Financial Sources.