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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,707,925	1,809,433	1,860,905
Revenue Growth (YoY)	-	-2.77%	-
Cost of Revenue	1,424,408	1,511,049	1,543,468
Gross Profit	283,518	298,384	317,437
Selling, General & Admin	87,660	83,022	82,329
Operating Expenses	101,812	95,475	85,526
Operating Income	181,706	202,909	231,910
Interest Expense	-10,279	-7,888	-9,881
Interest & Investment Income	6,639	4,962	8,717
Earnings From Equity Investments	-249.71	-256.78	637.77
Currency Exchange Gain (Loss)	-3,874	11,064	-608.81
Other Non Operating Income (Expenses)	-865.75	-1,413	3,082
EBT Excluding Unusual Items	173,077	209,377	233,857
Gain (Loss) on Sale of Investments	35,889	36,825	13,509
Gain (Loss) on Sale of Assets	528	707	-684
Asset Writedown	-	-	-3,979
Pretax Income	209,493	246,908	242,703
Income Tax Expense	101,143	109,846	53,869
Net Income	108,350	137,062	188,834
Net Income to Common	108,350	137,062	188,834
Net Income Growth	-	-27.42%	-
Shares Outstanding (Basic)	3	3	3
Shares Outstanding (Diluted)	3	3	3
EPS (Basic)	38695.00	48949.06	67438.29
EPS (Diluted)	38695.00	48949.06	67438.29
EPS Growth	-	-27.42%	-
Free Cash Flow	43,409	209,536	61,290
Free Cash Flow Per Share	15502.69	74831.77	21888.47
Gross Margin	16.60%	16.49%	17.06%
Operating Margin	10.64%	11.21%	12.46%
Profit Margin	6.34%	7.58%	10.15%
Free Cash Flow Margin	2.54%	11.58%	3.29%
EBITDA	214,572	233,971	262,578
EBITDA Margin	12.56%	12.93%	14.11%
D&A For EBITDA	32,866	31,062	30,668
EBIT	181,706	202,909	231,910
EBIT Margin	10.64%	11.21%	12.46%
Effective Tax Rate	48.28%	44.49%	22.20%

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