DRB Industrial Co., Ltd. (KRX: 163560)

DRB Industrial Income Statement

Financials in millions KRW. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	357,426	357,776	390,440	277,513	243,182	261,910
Other Revenue	-	-	-0	-	-	-
Revenue	357,426	357,776	390,440	277,513	243,182	261,910
Revenue Growth (YoY)	-7.47%	-8.37%	40.69%	14.12%	-7.15%	-0.40%
Cost of Revenue	301,666	306,147	318,019	231,427	198,256	215,724
Gross Profit	55,761	51,629	72,421	46,085	44,926	46,186
Selling, General & Admin	37,487	35,320	54,093	40,467	26,190	26,851
Research & Development	6,031	5,130	4,138	3,371	2,497	2,631
Other Operating Expenses	610.57	652.07	527.73	535.2	501.54	894.59
Operating Expenses	41,518	37,955	64,342	45,214	30,141	31,739
Operating Income	14,243	13,674	8,079	871.57	14,785	14,447
Interest Expense	-4,889	-5,315	-2,812	-709.47	-605.01	-1,006
Interest & Investment Income	1,470	1,160	235.27	61.49	40.65	43.17
Earnings From Equity Investments	-44.11	-43.27	-42.74	263.21	-	-
Currency Exchange Gain (Loss)	2,271	323.16	1,892	2,992	-2,060	1,683
Other Non Operating Income (Expenses)	-327.63	1,061	446.41	3,565	-1,322	273.52
EBT Excluding Unusual Items	12,724	10,860	7,798	7,044	10,839	15,441
Gain (Loss) on Sale of Investments	12.95	13.43	11.35	14.44	5.36	2.8
Gain (Loss) on Sale of Assets	123.03	-36.18	2.03	26.8	-1,004	-61.8
Asset Writedown	-	-	-	-	-131.05	-2,064
Pretax Income	12,860	10,837	7,811	7,085	9,709	13,318
Income Tax Expense	3,127	2,455	918.8	1,021	2,432	5,041
Earnings From Continuing Operations	9,733	8,383	6,892	6,065	7,277	8,277
Minority Interest in Earnings	1,286	1,193	902.03	-	-	-
Net Income	11,020	9,575	7,794	6,065	7,277	8,277
Net Income to Common	11,020	9,575	7,794	6,065	7,277	8,277
Net Income Growth	-11.14%	22.85%	28.52%	-16.66%	-12.08%	-19.56%
Shares Outstanding (Basic)	14	14	14	14	14	14
Shares Outstanding (Diluted)	14	14	14	14	14	14
EPS (Basic)	792.79	688.87	560.73	436.30	523.52	595.45
EPS (Diluted)	792.79	688.87	560.73	436.00	523.52	595.10
EPS Growth	-11.14%	22.85%	28.61%	-16.72%	-12.03%	-19.60%
Free Cash Flow	39,710	36,869	-23,958	-18,658	19,731	5,584
Free Cash Flow Per Share	2856.82	2652.43	-1723.58	-1342.28	1419.47	401.73
Dividend Per Share	150.000	150.000	120.000	80.000	-	109.004
Dividend Growth	25.00%	25.00%	50.00%	-	-	-
Gross Margin	15.60%	14.43%	18.55%	16.61%	18.47%	17.63%
Operating Margin	3.98%	3.82%	2.07%	0.31%	6.08%	5.52%
Profit Margin	3.08%	2.68%	2.00%	2.19%	2.99%	3.16%
Free Cash Flow Margin	11.11%	10.30%	-6.14%	-6.72%	8.11%	2.13%
EBITDA	19,551	18,943	13,367	5,509	18,903	18,878
EBITDA Margin	5.47%	5.29%	3.42%	1.99%	7.77%	7.21%
D&A For EBITDA	5,308	5,268	5,288	4,638	4,118	4,431
EBIT	14,243	13,674	8,079	871.57	14,785	14,447
EBIT Margin	3.98%	3.82%	2.07%	0.31%	6.08%	5.52%
Effective Tax Rate	24.32%	22.65%	11.76%	14.41%	25.05%	37.85%
Advertising Expenses	-	158.46	170.1	86.76	147.16	339.32

Source: S&P Capital IQ. Standard template. Financial Sources.