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	Jun '24 Jun 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	1,828,060	1,799,501	1,487,575	1,271,854	974,285	946,191
Other Revenue	-	-	-	-0	-	-
Revenue	1,828,060	1,799,501	1,487,575	1,271,854	974,285	946,191
Revenue Growth (YoY)	9.24%	20.97%	16.96%	30.54%	2.97%	-
Cost of Revenue	1,323,454	1,344,615	1,179,970	982,440	720,961	775,180
Gross Profit	504,606	454,886	307,605	289,414	253,324	171,010
Selling, General & Admin	191,292	194,103	181,085	155,874	112,061	104,211
Research & Development	2,543	1,755	1,510	2,567	2,229	2,446
Other Operating Expenses	2,187	1,737	1,467	5,393	1,176	998.78
Operating Expenses	208,815	209,440	189,402	169,051	120,901	112,060
Operating Income	295,791	245,445	118,203	120,363	132,424	58,950
Interest Expense	-24,081	-23,584	-16,000	-17,172	-13,088	-7,522
Interest & Investment Income	4,627	5,419	1,846	3,561	4,299	2,749
Currency Exchange Gain (Loss)	-11.95	-619.23	-519.14	-115.26	116.91	55.13
Other Non Operating Income (Expenses)	-3,183	-3,051	10,044	19,443	23,049	1,368
EBT Excluding Unusual Items	273,143	223,611	113,574	126,080	146,801	55,601
Gain (Loss) on Sale of Investments	4,669	1,733	1,364	164.08	149.8	-
Gain (Loss) on Sale of Assets	5,646	586.53	1,093	1,200	-26.14	-299.63
Asset Writedown	-	-4.27	-	-6,517	-6,134	-858.4
Pretax Income	283,458	225,926	116,031	120,927	140,791	54,443
Income Tax Expense	61,601	48,214	28,413	34,912	40,806	13,938
Earnings From Continuing Operations	221,857	177,712	87,618	86,015	99,984	40,505
Minority Interest in Earnings	-12,309	-7,558	-8,825	-7,373	-4,968	-
Net Income	209,547	170,155	78,793	78,642	95,016	40,505
Net Income to Common	209,547	170,155	78,793	78,642	95,016	40,505
Net Income Growth	74.70%	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)	-0.02%	0.07%	3.79%	28.55%	25.15%	-
EPS (Basic)	3025.45	2456.70	1138.44	1179.34	1831.71	977.20
EPS (Diluted)	3025.45	2456.70	1138.44	1179.34	1831.71	977.20
EPS Growth	74.73%	115.80%	-3.47%	-35.62%	87.44%	-
Free Cash Flow	39,983	39,744	-111,621	46,070	108,854	88,795
Free Cash Flow Per Share	577.28	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	27.60%	25.28%	20.68%	22.76%	26.00%	18.07%
Operating Margin	16.18%	13.64%	7.95%	9.46%	13.59%	6.23%
Profit Margin	11.46%	9.46%	5.30%	6.18%	9.75%	4.28%
Free Cash Flow Margin	2.19%	2.21%	-7.50%	3.62%	11.17%	9.38%
EBITDA	361,966	306,023	177,031	178,979	181,795	103,413
EBITDA Margin	19.80%	17.01%	11.90%	14.07%	18.66%	10.93%
D&A For EBITDA	66,175	60,578	58,829	58,616	49,371	44,462
EBIT	295,791	245,445	118,203	120,363	132,424	58,950
EBIT Margin	16.18%	13.64%	7.95%	9.46%	13.59%	6.23%
Effective Tax Rate	21.73%	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.