Miwon Chemicals 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	284,512	256,110	232,616	235,166	197,470
Other Revenue	-0	-	-0	-	-
Revenue	284,512	256,110	232,616	235,166	197,470
Revenue Growth (YoY)	11.09%	10.10%	-1.08%	19.09%	23.24%
Cost of Revenue	233,641	207,726	190,419	199,474	169,830
Gross Profit	50,872	48,385	42,197	35,691	27,640
Selling, General & Admin	19,910	18,256	16,106	15,449	13,703
Research & Development	1,341	1,166	884.42	979.53	833.52
Other Operating Expenses	48.25	81.93	44.38	135.99	42.15
Operating Expenses	21,718	19,750	17,284	16,708	14,868
Operating Income	29,154	28,635	24,913	18,983	12,772
Interest Expense	-	-	-0.02	-0.28	-0.21
Interest & Investment Income	1,988	1,913	1,145	383.58	121.19
Currency Exchange Gain (Loss)	-655.48	2,911	520	1,244	1,190
Other Non Operating Income (Expenses)	415.29	292.23	179.6	459.76	396.04
EBT Excluding Unusual Items	30,902	33,751	26,758	21,071	14,479
Gain (Loss) on Sale of Investments	158.39	100.72	140.47	-119.97	-13.38
Gain (Loss) on Sale of Assets	-6.26	281.39	59.94	22.76	-35.79
Asset Writedown	-74.03	-	24.53	-34.65	132.63
Pretax Income	30,980	34,133	26,983	20,939	14,563
Income Tax Expense	6,253	7,203	5,169	4,678	3,213
Net Income	24,726	26,931	21,814	16,261	11,350
Net Income to Common	24,726	26,931	21,814	16,261	11,350
Net Income Growth	-8.19%	23.46%	34.15%	43.26%	-17.61%
Shares Outstanding (Basic)	20	20	20	20	20
Shares Outstanding (Diluted)	20	20	20	20	20
Shares Change (YoY)	-0.01%	-1.19%	-0.79%	0.27%	0.66%
EPS (Basic)	1234.63	1344.58	1076.30	795.88	557.05
EPS (Diluted)	1234.63	1344.58	1076.16	795.88	557.05
EPS Growth	-8.18%	24.94%	35.22%	42.87%	-18.15%
Free Cash Flow	11,979	26,897	21,688	11,453	3,939
Free Cash Flow Per Share	598.13	1342.90	1069.94	560.59	193.32
Gross Margin	17.88%	18.89%	18.14%	15.18%	14.00%
Operating Margin	10.25%	11.18%	10.71%	8.07%	6.47%
Profit Margin	8.69%	10.51%	9.38%	6.91%	5.75%
Free Cash Flow Margin	4.21%	10.50%	9.32%	4.87%	1.99%
EBITDA	42,834	41,726	38,335	30,515	24,442
EBITDA Margin	15.05%	16.29%	16.48%	12.98%	12.38%
D&A For EBITDA	13,681	13,091	13,422	11,532	11,670
EBIT	29,154	28,635	24,913	18,983	12,772
EBIT Margin	10.25%	11.18%	10.71%	8.07%	6.47%
Effective Tax Rate	20.19%	21.10%	19.16%	22.34%	22.06%
Advertising Expenses	1.81	-	5.3	4.3	4

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