SeAH Steel 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,671,998	1,809,433	1,860,905
Revenue Growth (YoY)	-10.15%	-2.77%	-
Cost of Revenue	1,403,349	1,511,049	1,543,468
Gross Profit	268,649	298,384	317,437
Selling, General & Admin	89,732	83,022	82,329
Operating Expenses	103,274	95,475	85,526
Operating Income	165,376	202,909	231,910
Interest Expense	-12,038	-7,888	-9,881
Interest & Investment Income	6,667	4,962	8,717
Earnings From Equity Investments	30.12	-256.78	637.77
Currency Exchange Gain (Loss)	5,498	11,064	-608.81
Other Non Operating Income (Expenses)	-1,713	-1,413	3,082
EBT Excluding Unusual Items	163,820	209,377	233,857
Gain (Loss) on Sale of Investments	36,472	36,825	13,509
Gain (Loss) on Sale of Assets	726	707	-684
Asset Writedown	-	-	-3,979
Pretax Income	201,018	246,908	242,703
Income Tax Expense	107,954	109,846	53,869
Net Income	93,064	137,062	188,834
Net Income to Common	93,064	137,062	188,834
Net Income Growth	-50.72%	-27.42%	-
Shares Outstanding (Basic)	3	3	3
Shares Outstanding (Diluted)	3	3	3
EPS (Basic)	33235.81	48949.06	67438.29
EPS (Diluted)	33235.81	48949.06	67438.29
EPS Growth	-50.72%	-27.42%	-
Free Cash Flow	3,123	209,536	61,290
Free Cash Flow Per Share	1115.19	74831.77	21888.47
Gross Margin	16.07%	16.49%	17.06%
Operating Margin	9.89%	11.21%	12.46%
Profit Margin	5.57%	7.58%	10.15%
Free Cash Flow Margin	0.19%	11.58%	3.29%
EBITDA	199,674	233,971	262,578
EBITDA Margin	11.94%	12.93%	14.11%
D&A For EBITDA	34,298	31,062	30,668
EBIT	165,376	202,909	231,910
EBIT Margin	9.89%	11.21%	12.46%
Effective Tax Rate	53.70%	44.49%	22.20%

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