Hanil Cement 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	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Operating Revenue	1,792,989	1,799,501	1,487,575	1,271,854	974,285	946,191
Other Revenue	0	-	-	-0	-	-
Revenue	1,792,989	1,799,501	1,487,575	1,271,854	974,285	946,191
Revenue Growth (YoY)	3.89%	20.97%	16.96%	30.54%	2.97%	-
Cost of Revenue	1,285,361	1,344,615	1,179,970	982,440	720,961	775,180
Gross Profit	507,627	454,886	307,605	289,414	253,324	171,010
Selling, General & Admin	190,321	194,103	181,085	155,874	112,061	104,211
Research & Development	2,671	1,755	1,510	2,567	2,229	2,446
Other Operating Expenses	2,173	1,737	1,467	5,393	1,176	998.78
Operating Expenses	208,157	209,440	189,402	169,051	120,901	112,060
Operating Income	299,471	245,445	118,203	120,363	132,424	58,950
Interest Expense	-25,154	-23,584	-16,000	-17,172	-13,088	-7,522
Interest & Investment Income	3,994	5,419	1,846	3,561	4,299	2,749
Currency Exchange Gain (Loss)	194.57	-619.23	-519.14	-115.26	116.91	55.13
Other Non Operating Income (Expenses)	-1,942	-3,051	10,044	19,443	23,049	1,368
EBT Excluding Unusual Items	276,562	223,611	113,574	126,080	146,801	55,601
Gain (Loss) on Sale of Investments	5,497	1,733	1,364	164.08	149.8	-
Gain (Loss) on Sale of Assets	6,314	586.53	1,093	1,200	-26.14	-299.63
Asset Writedown	-	-4.27	-	-6,517	-6,134	-858.4
Pretax Income	288,373	225,926	116,031	120,927	140,791	54,443
Income Tax Expense	59,204	48,214	28,413	34,912	40,806	13,938
Earnings From Continuing Operations	229,169	177,712	87,618	86,015	99,984	40,505
Minority Interest in Earnings	-14,802	-7,558	-8,825	-7,373	-4,968	-
Net Income	214,367	170,155	78,793	78,642	95,016	40,505
Net Income to Common	214,367	170,155	78,793	78,642	95,016	40,505
Net Income Growth	46.79%	115.95%	0.19%	-17.23%	134.58%	-
Shares Outstanding (Basic)	69	69	69	67	52	41
Shares Outstanding (Diluted)	69	69	69	67	52	41
Shares Change (YoY)	-0.00%	0.07%	3.79%	28.55%	25.15%	-
EPS (Basic)	3095.04	2456.70	1138.44	1179.34	1831.71	977.20
EPS (Diluted)	3095.04	2456.70	1138.44	1179.34	1831.71	977.20
EPS Growth	46.79%	115.80%	-3.47%	-35.62%	87.44%	-
Free Cash Flow	58,561	39,744	-111,621	46,070	108,854	88,795
Free Cash Flow Per Share	845.51	573.82	-1612.74	690.88	2098.47	2142.23
Dividend Per Share	800.000	800.000	580.000	-	-	470.000
Dividend Growth	37.93%	37.93%	-	-	-	-
Gross Margin	28.31%	25.28%	20.68%	22.76%	26.00%	18.07%
Operating Margin	16.70%	13.64%	7.95%	9.46%	13.59%	6.23%
Profit Margin	11.96%	9.46%	5.30%	6.18%	9.75%	4.28%
Free Cash Flow Margin	3.27%	2.21%	-7.50%	3.62%	11.17%	9.38%
EBITDA	370,503	306,023	177,031	178,979	181,795	103,413
EBITDA Margin	20.66%	17.01%	11.90%	14.07%	18.66%	10.93%
D&A For EBITDA	71,032	60,578	58,829	58,616	49,371	44,462
EBIT	299,471	245,445	118,203	120,363	132,424	58,950
EBIT Margin	16.70%	13.64%	7.95%	9.46%	13.59%	6.23%
Effective Tax Rate	20.53%	21.34%	24.49%	28.87%	28.98%	25.60%
Advertising Expenses	-	342.32	329.81	349.53	274.32	253.83

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