Hanil Cement Income Statement

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

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,506,110	1,741,671	1,799,501	1,487,575	1,271,854	974,285
Other Revenue	-0	-0	-	-	-0	-
Revenue	1,506,110	1,741,671	1,799,501	1,487,575	1,271,854	974,285
Revenue Growth (YoY)	-16.00%	-3.21%	20.97%	16.96%	30.54%	2.97%
Cost of Revenue	1,157,461	1,265,566	1,344,615	1,179,970	982,440	720,961
Gross Profit	348,649	476,105	454,886	307,605	289,414	253,324
Selling, General & Admin	172,321	189,897	194,103	181,085	155,874	112,061
Research & Development	2,999	2,886	1,755	1,510	2,567	2,229
Amortization of Goodwill & Intangibles	1,605	1,584	1,609	1,622	1,621	693.87
Other Operating Expenses	3,529	2,244	1,737	1,467	5,393	1,176
Operating Expenses	197,974	204,750	209,440	189,402	169,051	120,901
Operating Income	150,675	271,355	245,445	118,203	120,363	132,424
Interest Expense	-26,700	-27,465	-23,584	-16,000	-17,172	-13,088
Interest & Investment Income	5,138	4,454	5,419	1,846	3,561	4,299
Currency Exchange Gain (Loss)	-344.17	-140.68	-619.23	-519.14	-115.26	116.91
Other Non Operating Income (Expenses)	-14,139	-14,816	-3,051	10,044	19,443	23,049
EBT Excluding Unusual Items	114,631	233,387	223,611	113,574	126,080	146,801
Gain (Loss) on Sale of Investments	5,824	5,868	1,733	1,364	164.08	149.8
Gain (Loss) on Sale of Assets	-1,523	6,592	586.53	1,093	1,200	-26.14
Asset Writedown	-5,322	-5,322	-4.27	-	-6,517	-6,134
Pretax Income	113,609	240,525	225,926	116,031	120,927	140,791
Income Tax Expense	26,888	41,508	48,214	28,413	34,912	40,806
Earnings From Continuing Operations	86,721	199,016	177,712	87,618	86,015	99,984
Minority Interest in Earnings	-8,682	-14,964	-7,558	-8,825	-7,373	-4,968
Net Income	78,039	184,052	170,155	78,793	78,642	95,016
Net Income to Common	78,039	184,052	170,155	78,793	78,642	95,016
Net Income Growth	-63.59%	8.17%	115.95%	0.19%	-17.23%	134.58%
Shares Outstanding (Basic)	69	69	69	69	67	52
Shares Outstanding (Diluted)	69	69	69	69	67	52
Shares Change (YoY)	0.01%	-	0.07%	3.79%	28.55%	25.15%
EPS (Basic)	1126.70	2657.35	2456.70	1138.44	1179.34	1831.71
EPS (Diluted)	1126.70	2657.35	2456.70	1138.44	1179.34	1831.71
EPS Growth	-63.60%	8.17%	115.80%	-3.47%	-35.62%	87.44%
Free Cash Flow	21,809	71,622	39,744	-111,621	46,070	108,854
Free Cash Flow Per Share	314.87	1034.08	573.82	-1612.74	690.88	2098.47
Dividend Per Share	1000.000	1000.000	800.000	580.000	-	-
Dividend Growth	25.00%	25.00%	37.93%	-	-	-
Gross Margin	23.15%	27.34%	25.28%	20.68%	22.75%	26.00%
Operating Margin	10.00%	15.58%	13.64%	7.95%	9.46%	13.59%
Profit Margin	5.18%	10.57%	9.46%	5.30%	6.18%	9.75%
Free Cash Flow Margin	1.45%	4.11%	2.21%	-7.50%	3.62%	11.17%
EBITDA	230,853	346,579	306,023	177,031	178,979	181,795
EBITDA Margin	15.33%	19.90%	17.01%	11.90%	14.07%	18.66%
D&A For EBITDA	80,178	75,224	60,578	58,829	58,616	49,371
EBIT	150,675	271,355	245,445	118,203	120,363	132,424
EBIT Margin	10.00%	15.58%	13.64%	7.95%	9.46%	13.59%
Effective Tax Rate	23.67%	17.26%	21.34%	24.49%	28.87%	28.98%
Advertising Expenses	-	270.72	342.32	329.81	349.53	274.32

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