Hanwha REIT Income Statement

Financials in millions KRW. Fiscal year is November - October.

Millions KRW. Fiscal year is Nov - Oct.

Fiscal Year	FY 2025	FY 2025	FY 2024	FY 2024	FY 2023
Period Ending	Oct '25 Oct 31, 2025	Apr '25 Apr 30, 2025	Oct '24 Oct 31, 2024	Apr '24 Apr 30, 2024	Oct '23 Oct 31, 2023
Revenue	104,833	100,900	67,024	45,617	46,548
Revenue Growth (YoY)	3.90%	50.54%	46.93%	-2.00%	40.85%
Gross Profit	104,833	100,900	67,024	45,617	46,548
Selling, General & Admin	26,360	26,143	16,442	11,605	11,306
Other Operating Expenses	5,769	350.3	2,760	108.59	2,445
Operating Expenses	44,805	39,049	28,868	19,625	21,780
Operating Income	60,028	61,851	38,156	25,992	24,768
Interest Expense	-35,957	-40,390	-32,253	-19,974	-19,721
Interest & Investment Income	105.97	101.31	244.24	384.49	351.79
Other Non Operating Income (Expenses)	-947.76	21.76	-547.65	6.45	163.95
Pretax Income	23,229	21,584	5,599	6,409	5,563
Net Income	23,229	21,584	5,599	6,409	5,563
Net Income to Common	23,229	21,584	5,599	6,409	5,563
Net Income Growth	7.62%	285.46%	-12.63%	15.21%	169.67%
Shares Outstanding (Basic)	180	169	71	71	71
Shares Outstanding (Diluted)	180	169	71	71	71
Shares Change (YoY)	6.42%	139.05%	-0.01%	0.00%	22.55%
EPS (Basic)	129.34	127.90	79.32	90.78	78.80
EPS (Diluted)	129.34	127.90	79.32	90.78	78.80
EPS Growth	1.13%	61.25%	-12.62%	15.20%	120.04%
Free Cash Flow	36,887	32,959	-1,643,172	13,323	14,281
Free Cash Flow Per Share	205.38	195.31	-23276.69	188.71	202.30
Gross Margin	100.00%	100.00%	100.00%	100.00%	100.00%
Operating Margin	57.26%	61.30%	56.93%	56.98%	53.21%
Profit Margin	22.16%	21.39%	8.35%	14.05%	11.95%
Free Cash Flow Margin	35.19%	32.66%	-2451.62%	29.20%	30.68%
EBITDA	72,704	74,406	47,822	33,904	32,797
EBITDA Margin	69.35%	73.74%	71.35%	74.32%	70.46%
D&A For EBITDA	12,677	12,555	9,666	7,912	8,029
EBIT	60,028	61,851	38,156	25,992	24,768
EBIT Margin	57.26%	61.30%	56.93%	56.98%	53.21%