Samyang 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Operating Revenue	2,598,792	2,671,821	2,651,439	2,652,439	2,384,454	2,051,767	Upgrade
Other Revenue	-0	-0	-	-0	-	-	Upgrade
Revenue	2,598,792	2,671,821	2,651,439	2,652,439	2,384,454	2,051,767	Upgrade
Revenue Growth (YoY)	-2.57%	0.77%	-0.04%	11.24%	16.21%	-2.13%	Upgrade
Cost of Revenue	2,108,260	2,163,808	2,190,040	2,241,737	1,999,660	1,653,764	Upgrade
Gross Profit	490,533	508,013	461,400	410,702	384,793	398,003	Upgrade
Selling, General & Admin	341,747	339,965	313,655	295,075	266,409	240,887	Upgrade
Research & Development	8,301	6,995	6,876	6,097	10,458	21,185	Upgrade
Other Operating Expenses	3,819	3,542	3,417	3,557	3,060	2,960	Upgrade
Operating Expenses	376,717	373,957	347,603	327,686	302,240	285,850	Upgrade
Operating Income	113,816	134,056	113,797	83,016	82,553	112,153	Upgrade
Interest Expense	-30,782	-32,394	-33,485	-25,563	-20,199	-21,020	Upgrade
Interest & Investment Income	46,593	47,067	41,932	28,330	14,502	12,872	Upgrade
Earnings From Equity Investments	1,182	1,090	2,000	1,047	1,297	847.4	Upgrade
Currency Exchange Gain (Loss)	3,101	-24,639	-2,400	-19,886	-6,024	2,728	Upgrade
Other Non Operating Income (Expenses)	26,468	52,319	27,531	21,398	10,292	535.16	Upgrade
EBT Excluding Unusual Items	160,378	177,499	149,376	88,341	82,422	108,115	Upgrade
Gain (Loss) on Sale of Investments	-460	2,561	-1,106	1,797	-	-	Upgrade
Gain (Loss) on Sale of Assets	545	-143	1,538	11,146	439	27	Upgrade
Asset Writedown	-5,045	-5,045	-	-4,003	-6,710	-10,710	Upgrade
Pretax Income	155,418	174,872	149,808	97,281	76,151	97,432	Upgrade
Income Tax Expense	34,146	38,431	27,811	15,034	19,758	20,402	Upgrade
Earnings From Continuing Operations	121,272	136,441	121,997	82,247	56,393	77,030	Upgrade
Minority Interest in Earnings	-11,012	-14,967	-15,119	-13,253	-15,237	-19,418	Upgrade
Net Income	110,260	121,474	106,878	68,994	41,156	57,612	Upgrade
Preferred Dividends & Other Adjustments	4,497	4,497	3,959	2,562	1,535	2,142	Upgrade
Net Income to Common	105,763	116,977	102,919	66,432	39,621	55,470	Upgrade
Net Income Growth	-11.93%	13.66%	54.91%	67.64%	-28.56%	70.33%	Upgrade
Shares Outstanding (Basic)	10	10	10	10	10	10	Upgrade
Shares Outstanding (Diluted)	10	10	10	10	10	10	Upgrade
Shares Change (YoY)	0.00%	-	-	-	0.14%	0.07%	Upgrade
EPS (Basic)	10538.09	11655.25	10254.55	6619.07	3947.76	5534.60	Upgrade
EPS (Diluted)	10538.09	11655.25	10254.55	6619.07	3947.76	5534.60	Upgrade
EPS Growth	-12.76%	13.66%	54.92%	67.67%	-28.67%	69.89%	Upgrade
Free Cash Flow	145,348	159,940	142,735	-27,536	-116,690	86,543	Upgrade
Free Cash Flow Per Share	14482.32	15935.92	14221.66	-2743.57	-11626.68	8635.02	Upgrade
Dividend Per Share	1750.000	1750.000	1750.000	1250.000	1250.000	1250.000	Upgrade
Dividend Growth	-	-	40.00%	-	-	25.00%	Upgrade
Gross Margin	18.88%	19.01%	17.40%	15.48%	16.14%	19.40%	Upgrade
Operating Margin	4.38%	5.02%	4.29%	3.13%	3.46%	5.47%	Upgrade
Profit Margin	4.07%	4.38%	3.88%	2.50%	1.66%	2.70%	Upgrade
Free Cash Flow Margin	5.59%	5.99%	5.38%	-1.04%	-4.89%	4.22%	Upgrade
EBITDA	198,135	217,327	194,973	163,214	160,069	189,721	Upgrade
EBITDA Margin	7.62%	8.13%	7.35%	6.15%	6.71%	9.25%	Upgrade
D&A For EBITDA	84,319	83,271	81,176	80,198	77,516	77,568	Upgrade
EBIT	113,816	134,056	113,797	83,016	82,553	112,153	Upgrade
EBIT Margin	4.38%	5.02%	4.29%	3.13%	3.46%	5.47%	Upgrade
Effective Tax Rate	21.97%	21.98%	18.56%	15.45%	25.95%	20.94%	Upgrade
Advertising Expenses	-	15,249	15,524	10,698	10,098	9,271	Upgrade

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