Samyang Packaging Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	440,322	421,669	407,353	391,946
Other Revenue	0	-	-0	-0
Revenue	440,322	421,669	407,353	391,946
Revenue Growth (YoY)	6.56%	3.51%	3.93%	-
Cost of Revenue	353,087	339,319	336,261	307,480
Gross Profit	87,235	82,350	71,092	84,466
Selling, General & Admin	47,433	45,591	43,114	31,854
Other Operating Expenses	178.86	169.16	187.28	77.59
Operating Expenses	51,892	49,882	47,396	38,320
Operating Income	35,344	32,468	23,696	46,146
Interest Expense	-5,935	-5,430	-5,677	-6,362
Interest & Investment Income	1,556	1,686	1,869	585.54
Currency Exchange Gain (Loss)	423.77	222.43	-1,016	-886.23
Other Non Operating Income (Expenses)	999.59	1,349	1,918	2,017
EBT Excluding Unusual Items	32,387	30,295	20,790	41,501
Gain (Loss) on Sale of Investments	-	-	-	500.15
Gain (Loss) on Sale of Assets	6.35	-7.9	-440.24	59.49
Asset Writedown	-	-	-	-4,144
Pretax Income	32,394	30,287	20,350	37,916
Income Tax Expense	5,588	4,852	8,260	7,615
Net Income	26,805	25,435	12,090	30,302
Net Income to Common	26,805	25,435	12,090	30,302
Net Income Growth	29.19%	110.38%	-60.10%	-
Shares Outstanding (Basic)	16	16	16	14
Shares Outstanding (Diluted)	16	16	16	14
Shares Change (YoY)	0.86%	1.50%	9.47%	-
EPS (Basic)	1708.06	1610.98	777.24	2132.44
EPS (Diluted)	1708.06	1610.98	777.24	2132.44
EPS Growth	28.08%	107.27%	-63.55%	-
Free Cash Flow	40,092	-12,369	-19,190	27,578
Free Cash Flow Per Share	2554.69	-783.39	-1233.66	1940.76
Dividend Per Share	500.000	500.000	750.000	1000.000
Dividend Growth	-33.33%	-33.33%	-25.00%	-
Gross Margin	19.81%	19.53%	17.45%	21.55%
Operating Margin	8.03%	7.70%	5.82%	11.77%
Profit Margin	6.09%	6.03%	2.97%	7.73%
Free Cash Flow Margin	9.11%	-2.93%	-4.71%	7.04%
EBITDA	60,400	56,257	45,797	71,840
EBITDA Margin	13.72%	13.34%	11.24%	18.33%
D&A For EBITDA	25,056	23,789	22,100	25,694
EBIT	35,344	32,468	23,696	46,146
EBIT Margin	8.03%	7.70%	5.82%	11.77%
Effective Tax Rate	17.25%	16.02%	40.59%	20.08%
Advertising Expenses	-	100.57	85.41	135.26

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