Asia Cement Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	1,042,926	1,022,790	1,110,338	1,200,455	1,040,146	892,569
Other Revenue	-	-	-	-	-0	-0
Revenue	1,042,926	1,022,790	1,110,338	1,200,455	1,040,146	892,569
Revenue Growth (YoY)	-2.35%	-7.89%	-7.51%	15.41%	16.53%	13.33%
Cost of Revenue	849,484	832,706	852,070	931,454	805,878	657,659
Gross Profit	193,442	190,083	258,268	269,001	234,268	234,911
Selling, General & Admin	104,136	101,961	104,108	108,458	106,298	95,497
Research & Development	5,706	5,496	6,287	5,677	5,319	4,253
Amortization of Goodwill & Intangibles	1,603	1,609	1,985	1,900	1,604	1,688
Other Operating Expenses	1,943	2,079	2,021	1,658	1,609	1,424
Operating Expenses	114,935	112,982	117,549	122,153	116,330	106,297
Operating Income	78,507	77,101	140,720	146,847	117,938	128,614
Interest Expense	-25,695	-25,525	-26,415	-26,421	-24,660	-26,715
Interest & Investment Income	2,137	2,314	2,487	1,572	1,679	639.99
Earnings From Equity Investments	-	-	-	-	-640.15	502.48
Currency Exchange Gain (Loss)	-248.9	-83.01	-1,537	74.45	-4,878	451.57
Other Non Operating Income (Expenses)	-4,325	-4,897	-5,255	-5,957	-5,287	-4,076
EBT Excluding Unusual Items	50,374	48,910	109,999	116,116	84,151	99,417
Gain (Loss) on Sale of Investments	-78.86	-78.78	-1.06	162.76	419.9	-0.45
Gain (Loss) on Sale of Assets	-4,231	-5,055	-5,085	-3,638	-1,614	-2,595
Asset Writedown	-17,593	-17,593	-	-7.33	-44	-6.59
Pretax Income	28,471	26,183	104,913	112,633	82,912	96,815
Income Tax Expense	6,413	9,749	24,840	23,198	19,008	15,911
Earnings From Continuing Operations	22,059	16,434	80,073	89,435	63,904	80,904
Earnings From Discontinued Operations	-	-	-	-	-	18,313
Net Income to Company	22,059	16,434	80,073	89,435	63,904	99,217
Minority Interest in Earnings	-1,131	458.6	1,326	165.05	-380.43	-4,553
Net Income	20,927	16,893	81,399	89,600	63,524	94,664
Net Income to Common	20,927	16,893	81,399	89,600	63,524	94,664
Net Income Growth	-67.99%	-79.25%	-9.15%	41.05%	-32.90%	298.79%
Shares Outstanding (Basic)	36	37	37	38	39	39
Shares Outstanding (Diluted)	36	37	37	38	39	39
Shares Change (YoY)	-2.24%	-1.93%	-2.78%	-1.67%	-	-
EPS (Basic)	577.12	462.71	2186.54	2339.88	1631.12	2430.73
EPS (Diluted)	577.12	462.71	2186.54	2339.88	1631.00	2430.73
EPS Growth	-67.26%	-78.84%	-6.55%	43.46%	-32.90%	298.79%
Free Cash Flow	-12,475	-33,596	39,280	55,560	4,509	36,923
Free Cash Flow Per Share	-344.03	-920.23	1055.13	1450.93	115.78	948.10
Dividend Per Share	250.000	250.000	260.000	255.000	225.000	225.000
Dividend Growth	-3.85%	-3.85%	1.96%	13.33%	-	80.00%
Gross Margin	18.55%	18.58%	23.26%	22.41%	22.52%	26.32%
Operating Margin	7.53%	7.54%	12.67%	12.23%	11.34%	14.41%
Profit Margin	2.01%	1.65%	7.33%	7.46%	6.11%	10.61%
Free Cash Flow Margin	-1.20%	-3.28%	3.54%	4.63%	0.43%	4.14%
EBITDA	170,446	168,361	225,274	225,389	191,761	202,919
EBITDA Margin	16.34%	16.46%	20.29%	18.77%	18.44%	22.73%
D&A For EBITDA	91,939	91,260	84,554	78,542	73,823	74,305
EBIT	78,507	77,101	140,720	146,847	117,938	128,614
EBIT Margin	7.53%	7.54%	12.67%	12.23%	11.34%	14.41%
Effective Tax Rate	22.52%	37.23%	23.68%	20.60%	22.93%	16.43%
Advertising Expenses	-	147.01	183.2	190.92	187.75	199.57