Pyung Hwa Industrial 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	626,062	588,377	564,039	519,932	424,123
Other Revenue	-	-0	-0	-	-
Revenue	626,062	588,377	564,039	519,932	424,123
Revenue Growth (YoY)	6.40%	4.32%	8.48%	22.59%	25.26%
Cost of Revenue	581,964	547,360	529,262	491,641	395,270
Gross Profit	44,099	41,017	34,777	28,291	28,853
Selling, General & Admin	28,230	26,252	24,404	22,928	20,594
Amortization of Goodwill & Intangibles	-	7.59	14.65	44.13	44.21
Other Operating Expenses	357.71	273.28	273.73	222.75	325.52
Operating Expenses	30,984	27,415	26,106	21,533	23,133
Operating Income	13,115	13,602	8,671	6,758	5,721
Interest Expense	-4,423	-5,387	-6,553	-5,817	-4,245
Interest & Investment Income	344.48	414.77	492.26	182.58	14.71
Currency Exchange Gain (Loss)	-345.65	2,781	347.34	1,402	1,881
Other Non Operating Income (Expenses)	3,554	4.63	2,582	3,858	-712.66
EBT Excluding Unusual Items	12,245	11,415	5,539	6,383	2,658
Gain (Loss) on Sale of Investments	1,218	1.86	902.04	-	70.12
Gain (Loss) on Sale of Assets	2,582	643.28	-488.97	641.58	477.2
Asset Writedown	-93.23	-7,587	-1,742	-1,997	-2,734
Pretax Income	15,952	4,474	4,211	5,027	471.24
Income Tax Expense	245.71	640.44	578.47	-1,056	266.11
Net Income	15,706	3,833	3,632	6,083	205.13
Net Income to Common	15,706	3,833	3,632	6,083	205.13
Net Income Growth	309.75%	5.53%	-40.29%	2865.63%	-
Shares Outstanding (Basic)	55	55	55	55	55
Shares Outstanding (Diluted)	55	55	55	55	55
Shares Change (YoY)	0.29%	-0.26%	-	-	-
EPS (Basic)	286.00	70.00	66.16	110.80	3.74
EPS (Diluted)	286.00	70.00	66.16	110.80	3.74
EPS Growth	308.57%	5.80%	-40.29%	2865.63%	-
Free Cash Flow	3,830	-10,032	20,886	7,389	-2,892
Free Cash Flow Per Share	69.75	-183.20	380.43	134.58	-52.68
Gross Margin	7.04%	6.97%	6.17%	5.44%	6.80%
Operating Margin	2.10%	2.31%	1.54%	1.30%	1.35%
Profit Margin	2.51%	0.65%	0.64%	1.17%	0.05%
Free Cash Flow Margin	0.61%	-1.70%	3.70%	1.42%	-0.68%
EBITDA	23,543	24,631	20,303	17,922	14,804
EBITDA Margin	3.76%	4.19%	3.60%	3.45%	3.49%
D&A For EBITDA	10,428	11,028	11,632	11,164	9,083
EBIT	13,115	13,602	8,671	6,758	5,721
EBIT Margin	2.10%	2.31%	1.54%	1.30%	1.35%
Effective Tax Rate	1.54%	14.32%	13.74%	-	56.47%

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