Asia Cement Co.,Ltd. (KRX:183190)

Asia Cement Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,043,664	1,110,338	1,200,455	1,040,146	892,569	787,547
Other Revenue	-	-	-	-0	-0	-
Revenue	1,043,664	1,110,338	1,200,455	1,040,146	892,569	787,547
Revenue Growth (YoY)	-7.59%	-7.51%	15.41%	16.53%	13.33%	-5.89%
Cost of Revenue	838,281	852,070	931,454	805,878	657,659	617,403
Gross Profit	205,383	258,268	269,001	234,268	234,911	170,145
Selling, General & Admin	101,235	104,108	108,458	106,298	95,497	83,080
Research & Development	5,579	6,287	5,677	5,319	4,253	3,305
Amortization of Goodwill & Intangibles	1,818	1,985	1,900	1,604	1,688	1,780
Other Operating Expenses	2,103	2,021	1,658	1,609	1,424	1,983
Operating Expenses	113,010	117,549	122,153	116,330	106,297	95,054
Operating Income	92,373	140,720	146,847	117,938	128,614	75,091
Interest Expense	-26,119	-26,415	-26,421	-24,660	-26,715	-32,595
Interest & Investment Income	2,379	2,487	1,572	1,679	639.99	848.33
Earnings From Equity Investments	-	-	-	-640.15	502.48	-3.11
Currency Exchange Gain (Loss)	-1,046	-1,537	74.45	-4,878	451.57	-785.14
Other Non Operating Income (Expenses)	-5,386	-5,255	-5,957	-5,287	-4,076	187.36
EBT Excluding Unusual Items	62,201	109,999	116,116	84,151	99,417	42,743
Gain (Loss) on Sale of Investments	-78.9	-1.06	162.76	419.9	-0.45	19.18
Gain (Loss) on Sale of Assets	-4,749	-5,085	-3,638	-1,614	-2,595	346.83
Asset Writedown	-	-	-7.33	-44	-6.59	-8,237
Pretax Income	57,373	104,913	112,633	82,912	96,815	34,872
Income Tax Expense	13,516	24,840	23,198	19,008	15,911	7,071
Earnings From Continuing Operations	43,857	80,073	89,435	63,904	80,904	27,800
Earnings From Discontinued Operations	-	-	-	-	18,313	-2,719
Net Income to Company	43,857	80,073	89,435	63,904	99,217	25,082
Minority Interest in Earnings	1,145	1,326	165.05	-380.43	-4,553	-1,344
Net Income	45,002	81,399	89,600	63,524	94,664	23,738
Net Income to Common	45,002	81,399	89,600	63,524	94,664	23,738
Net Income Growth	-53.40%	-9.15%	41.05%	-32.90%	298.79%	-14.28%
Shares Outstanding (Basic)	37	37	38	39	39	39
Shares Outstanding (Diluted)	37	37	38	39	39	39
Shares Change (YoY)	-1.97%	-2.78%	-1.67%	-	-	-
EPS (Basic)	1224.84	2186.54	2339.88	1631.12	2430.73	609.53
EPS (Diluted)	1224.84	2186.54	2339.88	1631.00	2430.73	609.53
EPS Growth	-52.46%	-6.55%	43.46%	-32.90%	298.79%	-14.28%
Free Cash Flow	-2,169	39,280	55,560	4,509	36,923	31,037
Free Cash Flow Per Share	-59.04	1055.13	1450.93	115.78	948.10	796.96
Dividend Per Share	260.000	260.000	255.000	225.000	225.000	125.000
Dividend Growth	1.96%	1.96%	13.33%	-	80.00%	-16.67%
Gross Margin	19.68%	23.26%	22.41%	22.52%	26.32%	21.60%
Operating Margin	8.85%	12.67%	12.23%	11.34%	14.41%	9.54%
Profit Margin	4.31%	7.33%	7.46%	6.11%	10.61%	3.01%
Free Cash Flow Margin	-0.21%	3.54%	4.63%	0.43%	4.14%	3.94%
EBITDA	182,505	225,274	225,389	191,761	202,919	148,531
EBITDA Margin	17.49%	20.29%	18.77%	18.44%	22.73%	18.86%
D&A For EBITDA	90,133	84,554	78,542	73,823	74,305	73,440
EBIT	92,373	140,720	146,847	117,938	128,614	75,091
EBIT Margin	8.85%	12.67%	12.23%	11.34%	14.41%	9.54%
Effective Tax Rate	23.56%	23.68%	20.60%	22.93%	16.43%	20.28%
Advertising Expenses	-	183.2	190.92	187.75	199.57	172.05

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.