HL Mando Corporation (KRX:204320)

HL Mando 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	9,265,399	8,848,182	8,393,087	7,516,164	6,147,433	5,563,504
Other Revenue	-0	-0	-	-0	-0	-
Revenue	9,265,399	8,848,182	8,393,087	7,516,164	6,147,433	5,563,504
Revenue Growth (YoY)	8.19%	5.42%	11.67%	22.26%	10.50%	-6.99%
Cost of Revenue	7,864,131	7,535,095	7,274,070	6,515,939	5,251,308	4,899,860
Gross Profit	1,401,267	1,313,086	1,119,016	1,000,224	896,125	663,644
Selling, General & Admin	640,624	581,666	530,012	450,562	423,892	345,533
Research & Development	312,302	303,238	239,126	241,603	201,907	177,175
Other Operating Expenses	17,008	18,040	18,817	12,867	9,733	7,575
Operating Expenses	1,024,530	954,392	840,097	752,122	665,848	574,949
Operating Income	376,737	358,695	278,919	248,102	230,277	88,695
Interest Expense	-112,757	-112,757	-95,730	-57,832	-50,807	-44,980
Interest & Investment Income	21,500	28,765	26,082	19,080	8,077	7,030
Earnings From Equity Investments	27,475	25,204	-2,214	5,770	13,325	3,343
Currency Exchange Gain (Loss)	22,044	22,044	22,965	10,606	16,940	-19,483
Other Non Operating Income (Expenses)	-179,802	2,848	-21,464	-16,790	-4,795	-10,511
EBT Excluding Unusual Items	155,197	324,799	208,558	208,937	213,017	24,094
Gain (Loss) on Sale of Investments	160.63	160.63	50,053	-1.99	29,702	3,431
Gain (Loss) on Sale of Assets	3,918	3,918	6,050	103,593	805.45	-4,650
Asset Writedown	-63,402	-63,402	-38,951	-82,539	-15,398	-17,679
Pretax Income	95,875	265,476	225,711	229,989	228,126	5,197
Income Tax Expense	50,707	107,227	71,111	111,701	49,510	-8,664
Earnings From Continuing Operations	45,167	158,249	154,600	118,288	178,616	13,861
Minority Interest in Earnings	-26,913	-28,319	-19,017	-19,997	-11,480	-8,072
Net Income	18,255	129,930	135,583	98,291	167,136	5,789
Net Income to Common	18,255	129,930	135,583	98,291	167,136	5,789
Net Income Growth	-90.52%	-4.17%	37.94%	-41.19%	2786.98%	-94.76%
Shares Outstanding (Basic)	47	47	47	47	47	47
Shares Outstanding (Diluted)	47	47	47	47	47	47
Shares Change (YoY)	0.12%	0.08%	0.04%	0.11%	0.06%	-
EPS (Basic)	388.63	2767.00	2889.58	2095.61	3567.38	123.64
EPS (Diluted)	388.63	2767.00	2889.58	2095.61	3567.38	123.64
EPS Growth	-90.53%	-4.24%	37.89%	-41.26%	2785.34%	-94.76%
Free Cash Flow	47,694	125,157	91,863	-263,373	205,402	252,433
Free Cash Flow Per Share	1015.37	2665.34	1957.81	-5615.27	4384.13	5391.03
Dividend Per Share	700.000	700.000	-	-	-	-
Gross Margin	15.12%	14.84%	13.33%	13.31%	14.58%	11.93%
Operating Margin	4.07%	4.05%	3.32%	3.30%	3.75%	1.59%
Profit Margin	0.20%	1.47%	1.62%	1.31%	2.72%	0.10%
Free Cash Flow Margin	0.52%	1.41%	1.09%	-3.50%	3.34%	4.54%
EBITDA	727,407	694,096	600,704	586,915	557,076	394,490
EBITDA Margin	7.85%	7.85%	7.16%	7.81%	9.06%	7.09%
D&A For EBITDA	350,670	335,402	321,785	338,813	326,798	305,795
EBIT	376,737	358,695	278,919	248,102	230,277	88,695
EBIT Margin	4.07%	4.05%	3.32%	3.30%	3.75%	1.59%
Effective Tax Rate	52.89%	40.39%	31.50%	48.57%	21.70%	-
Advertising Expenses	-	4,473	3,972	3,025	1,168	1,231

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