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
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
Operating Revenue	2,604,052	2,671,821	2,651,439	2,652,439	2,384,454	2,051,767
Other Revenue	-	-0	-	-0	-	-
Revenue	2,604,052	2,671,821	2,651,439	2,652,439	2,384,454	2,051,767
Revenue Growth (YoY)	-2.30%	0.77%	-0.04%	11.24%	16.21%	-2.13%
Cost of Revenue	2,111,798	2,163,808	2,190,040	2,241,737	1,999,660	1,653,764
Gross Profit	492,254	508,013	461,400	410,702	384,793	398,003
Selling, General & Admin	344,291	339,965	313,655	295,075	266,409	240,887
Research & Development	8,549	6,995	6,876	6,097	10,458	21,185
Amortization of Goodwill & Intangibles	9,748	10,606	10,937	10,108	4,841	4,616
Other Operating Expenses	4,114	3,542	3,417	3,557	3,060	2,960
Operating Expenses	379,017	373,957	347,603	327,686	302,240	285,850
Operating Income	113,237	134,056	113,797	83,016	82,553	112,153
Interest Expense	-30,381	-32,394	-33,485	-25,563	-20,199	-21,020
Interest & Investment Income	47,724	47,067	41,932	28,330	14,502	12,872
Earnings From Equity Investments	1,460	1,090	2,000	1,047	1,297	847.4
Currency Exchange Gain (Loss)	-12,762	-24,639	-2,400	-19,886	-6,024	2,728
Other Non Operating Income (Expenses)	38,837	52,319	27,531	21,398	10,292	535.16
EBT Excluding Unusual Items	158,116	177,499	149,376	88,341	82,422	108,115
Gain (Loss) on Sale of Investments	1,157	2,561	-1,106	1,797	-	-
Gain (Loss) on Sale of Assets	390	-143	1,538	11,146	439	27
Asset Writedown	-5,045	-5,045	-	-4,003	-6,710	-10,710
Pretax Income	154,618	174,872	149,808	97,281	76,151	97,432
Income Tax Expense	33,817	38,431	27,811	15,034	19,758	20,402
Earnings From Continuing Operations	120,801	136,441	121,997	82,247	56,393	77,030
Minority Interest in Earnings	-11,429	-14,967	-15,119	-13,253	-15,237	-19,418
Net Income	109,372	121,474	106,878	68,994	41,156	57,612
Preferred Dividends & Other Adjustments	4,497	4,497	3,959	2,562	1,535	2,142
Net Income to Common	104,875	116,977	102,919	66,432	39,621	55,470
Net Income Growth	-9.26%	13.66%	54.91%	67.64%	-28.56%	70.33%
Shares Outstanding (Basic)	10	10	10	10	10	10
Shares Outstanding (Diluted)	10	10	10	10	10	10
Shares Change (YoY)	0.01%	-	-	-	0.14%	0.07%
EPS (Basic)	10449.13	11655.25	10254.55	6619.07	3947.76	5534.60
EPS (Diluted)	10449.13	11655.25	10254.55	6619.07	3947.76	5534.60
EPS Growth	-10.04%	13.66%	54.92%	67.67%	-28.67%	69.89%
Free Cash Flow	130,043	159,940	142,735	-27,536	-116,690	86,543
Free Cash Flow Per Share	12956.74	15935.92	14221.66	-2743.57	-11626.68	8635.02
Dividend Per Share	1750.000	1750.000	1750.000	1250.000	1250.000	1250.000
Dividend Growth	-	-	40.00%	-	-	25.00%
Gross Margin	18.90%	19.01%	17.40%	15.48%	16.14%	19.40%
Operating Margin	4.35%	5.02%	4.29%	3.13%	3.46%	5.47%
Profit Margin	4.03%	4.38%	3.88%	2.50%	1.66%	2.70%
Free Cash Flow Margin	4.99%	5.99%	5.38%	-1.04%	-4.89%	4.22%
EBITDA	198,080	217,327	194,973	163,214	160,069	189,721
EBITDA Margin	7.61%	8.13%	7.35%	6.15%	6.71%	9.25%
D&A For EBITDA	84,843	83,271	81,176	80,198	77,516	77,568
EBIT	113,237	134,056	113,797	83,016	82,553	112,153
EBIT Margin	4.35%	5.02%	4.29%	3.13%	3.46%	5.47%
Effective Tax Rate	21.87%	21.98%	18.56%	15.45%	25.95%	20.94%
Advertising Expenses	-	15,249	15,524	10,698	10,098	9,271

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