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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,067,984	1,110,338	1,200,455	1,040,146	892,569	787,547
Other Revenue	-	-	-	-0	-0	-
Revenue	1,067,984	1,110,338	1,200,455	1,040,146	892,569	787,547
Revenue Growth (YoY)	-10.83%	-7.51%	15.41%	16.53%	13.33%	-5.89%
Cost of Revenue	833,923	852,070	931,454	805,878	657,659	617,403
Gross Profit	234,062	258,268	269,001	234,268	234,911	170,145
Selling, General & Admin	103,046	104,108	108,458	106,298	95,497	83,080
Research & Development	6,196	6,287	5,677	5,319	4,253	3,305
Other Operating Expenses	1,906	2,021	1,658	1,609	1,424	1,983
Operating Expenses	115,966	117,549	122,153	116,330	106,297	95,054
Operating Income	118,096	140,720	146,847	117,938	128,614	75,091
Interest Expense	-26,339	-26,415	-26,421	-24,660	-26,715	-32,595
Interest & Investment Income	2,414	2,487	1,572	1,679	639.99	848.33
Earnings From Equity Investments	-	-	-	-640.15	502.48	-3.11
Currency Exchange Gain (Loss)	-945.01	-1,537	74.45	-4,878	451.57	-785.14
Other Non Operating Income (Expenses)	-6,040	-5,255	-5,957	-5,287	-4,076	187.36
EBT Excluding Unusual Items	87,186	109,999	116,116	84,151	99,417	42,743
Gain (Loss) on Sale of Investments	-0.87	-1.06	162.76	419.9	-0.45	19.18
Gain (Loss) on Sale of Assets	-3,452	-5,085	-3,638	-1,614	-2,595	346.83
Asset Writedown	-	-	-7.33	-44	-6.59	-8,237
Pretax Income	83,733	104,913	112,633	82,912	96,815	34,872
Income Tax Expense	19,578	24,840	23,198	19,008	15,911	7,071
Earnings From Continuing Operations	64,155	80,073	89,435	63,904	80,904	27,800
Earnings From Discontinued Operations	-	-	-	-	18,313	-2,719
Net Income to Company	64,155	80,073	89,435	63,904	99,217	25,082
Minority Interest in Earnings	1,223	1,326	165.05	-380.43	-4,553	-1,344
Net Income	65,377	81,399	89,600	63,524	94,664	23,738
Net Income to Common	65,377	81,399	89,600	63,524	94,664	23,738
Net Income Growth	-35.85%	-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)	-2.78%	-2.78%	-1.67%	-	-	-
EPS (Basic)	1762.82	2186.54	2339.88	1631.12	2430.73	609.53
EPS (Diluted)	1762.82	2186.54	2339.88	1631.00	2430.73	609.53
EPS Growth	-34.01%	-6.55%	43.46%	-32.90%	298.79%	-14.28%
Free Cash Flow	21,024	39,280	55,560	4,509	36,923	31,037
Free Cash Flow Per Share	566.88	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	21.92%	23.26%	22.41%	22.52%	26.32%	21.60%
Operating Margin	11.06%	12.67%	12.23%	11.34%	14.41%	9.54%
Profit Margin	6.12%	7.33%	7.46%	6.11%	10.61%	3.01%
Free Cash Flow Margin	1.97%	3.54%	4.63%	0.43%	4.14%	3.94%
EBITDA	204,325	225,274	225,389	191,761	202,919	148,531
EBITDA Margin	19.13%	20.29%	18.77%	18.44%	22.73%	18.86%
D&A For EBITDA	86,229	84,554	78,542	73,823	74,305	73,440
EBIT	118,096	140,720	146,847	117,938	128,614	75,091
EBIT Margin	11.06%	12.67%	12.23%	11.34%	14.41%	9.54%
Effective Tax Rate	23.38%	23.68%	20.60%	22.93%	16.43%	20.28%
Advertising Expenses	-	183.2	190.92	187.75	199.57	172.05

Updated Mar 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.