Daesang Holdings 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
Other Revenue	-	-	-	-0	-	0
Revenue	5,623,058	5,357,890	5,259,400	5,226,660	4,205,969	3,754,299
Revenue Growth (YoY)	6.64%	1.87%	0.63%	24.27%	12.03%	5.68%
Cost of Revenue	4,162,325	4,004,713	4,011,043	4,035,457	3,100,904	2,709,362
Gross Profit	1,460,733	1,353,178	1,248,357	1,191,203	1,105,065	1,044,937
Selling, General & Admin	1,089,345	1,026,491	983,540	928,889	823,901	737,547
Research & Development	67,390	57,928	49,988	40,388	32,451	27,273
Amortization of Goodwill & Intangibles	14,174	12,997	11,554	10,234	6,031	5,567
Other Operating Expenses	29,590	29,377	27,875	22,983	23,407	20,641
Operating Expenses	1,267,460	1,171,031	1,133,991	1,044,357	948,306	798,605
Operating Income	193,273	182,147	114,366	146,846	156,759	246,331
Interest Expense	-76,851	-77,730	-67,798	-41,024	-23,140	-25,275
Interest & Investment Income	19,123	25,433	24,561	13,354	5,786	7,309
Earnings From Equity Investments	-5,535	-4,580	-3,241	216.82	11,193	-1,930
Currency Exchange Gain (Loss)	-8,373	-11,320	4,116	-15,362	-6,778	2,788
Other Non Operating Income (Expenses)	-23,681	-17,550	-8,249	-12,281	-17,681	-7,369
EBT Excluding Unusual Items	97,956	96,400	63,756	91,750	126,138	221,855
Gain (Loss) on Sale of Investments	5,936	5,300	3,042	676	-6,626	1,233
Gain (Loss) on Sale of Assets	-364	-572	22,624	26,398	72,830	1,300
Asset Writedown	-523	-523	-	22	-9,447	-13,541
Pretax Income	103,005	100,605	89,422	118,846	182,895	210,847
Income Tax Expense	26,294	20,672	23,906	40,785	40,162	46,038
Earnings From Continuing Operations	76,712	79,933	65,516	78,061	142,733	164,809
Minority Interest in Earnings	-53,569	-59,573	-44,425	-45,838	-88,881	-77,201
Net Income	23,143	20,359	21,091	32,223	53,852	87,608
Preferred Dividends & Other Adjustments	1,300	509.85	-	-	-	-
Net Income to Common	21,843	19,849	21,091	32,223	53,852	87,608
Net Income Growth	-10.46%	-3.47%	-34.54%	-40.16%	-38.53%	21.25%
Shares Outstanding (Basic)	36	37	37	37	37	37
Shares Outstanding (Diluted)	36	37	37	37	37	37
Shares Change (YoY)	-1.81%	-	-	-	-	-
EPS (Basic)	599.30	534.65	568.10	867.93	1450.51	2359.75
EPS (Diluted)	599.30	534.65	568.10	867.93	1450.51	2359.75
EPS Growth	-13.93%	-5.89%	-34.54%	-40.16%	-38.53%	21.25%
Free Cash Flow	-42,483	39,333	120,668	-344,538	-170,527	60,846
Free Cash Flow Per Share	-1165.60	1059.46	3250.24	-9280.23	-4593.21	1638.91
Dividend Per Share	270.000	270.000	270.000	270.000	240.000	220.000
Dividend Growth	-	-	-	12.50%	9.09%	10.00%
Gross Margin	25.98%	25.26%	23.74%	22.79%	26.27%	27.83%
Operating Margin	3.44%	3.40%	2.17%	2.81%	3.73%	6.56%
Profit Margin	0.39%	0.37%	0.40%	0.62%	1.28%	2.33%
Free Cash Flow Margin	-0.76%	0.73%	2.29%	-6.59%	-4.05%	1.62%
EBITDA	396,889	361,370	278,984	299,520	287,728	369,483
EBITDA Margin	7.06%	6.74%	5.30%	5.73%	6.84%	9.84%
D&A For EBITDA	203,616	179,223	164,618	152,674	130,969	123,152
EBIT	193,273	182,147	114,366	146,846	156,759	246,331
EBIT Margin	3.44%	3.40%	2.17%	2.81%	3.73%	6.56%
Effective Tax Rate	25.53%	20.55%	26.73%	34.32%	21.96%	21.83%
Advertising Expenses	-	117,265	128,521	125,838	109,565	69,752

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