Chosun Refractories 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
Operating Revenue	522,937	500,640	558,734
Other Revenue	-	-	-0
Revenue	522,937	500,640	558,734
Revenue Growth (YoY)	-6.41%	-10.40%	-
Cost of Revenue	464,584	437,929	442,590
Gross Profit	58,352	62,711	116,143
Selling, General & Admin	37,048	41,547	44,527
Research & Development	2,331	1,739	1,956
Amortization of Goodwill & Intangibles	233.06	315.85	305.51
Other Operating Expenses	355.41	280.04	1,768
Operating Expenses	40,810	42,692	52,440
Operating Income	17,542	20,019	63,704
Interest Expense	-10,055	-8,621	-4,176
Interest & Investment Income	3,899	1,005	411.14
Earnings From Equity Investments	-19,388	-4,221	961.88
Currency Exchange Gain (Loss)	361.81	783.54	-323.05
Other Non Operating Income (Expenses)	1,915	2,327	728.33
EBT Excluding Unusual Items	-5,726	11,292	61,306
Gain (Loss) on Sale of Investments	2,061	619.51	-32.34
Gain (Loss) on Sale of Assets	20.91	25.12	-489.76
Pretax Income	-3,643	11,937	60,784
Income Tax Expense	3,559	5,295	12,497
Earnings From Continuing Operations	-7,203	6,642	48,287
Minority Interest in Earnings	-891.1	-816.15	-1,120
Net Income	-8,094	5,825	47,167
Net Income to Common	-8,094	5,825	47,167
Net Income Growth	-	-87.65%	-
Shares Outstanding (Basic)	12	12	12
Shares Outstanding (Diluted)	12	12	12
Shares Change (YoY)	-0.06%	-0.01%	-
EPS (Basic)	-683.45	491.64	3980.32
EPS (Diluted)	-683.45	491.64	3980.00
EPS Growth	-	-87.65%	-
Free Cash Flow	4,893	38,287	-12,039
Free Cash Flow Per Share	413.15	3231.24	-1015.91
Dividend Per Share	200.000	200.000	1600.000
Dividend Growth	-87.50%	-87.50%	-
Gross Margin	11.16%	12.53%	20.79%
Operating Margin	3.36%	4.00%	11.40%
Profit Margin	-1.55%	1.16%	8.44%
Free Cash Flow Margin	0.94%	7.65%	-2.15%
EBITDA	29,138	32,052	75,596
EBITDA Margin	5.57%	6.40%	13.53%
D&A For EBITDA	11,596	12,033	11,892
EBIT	17,542	20,019	63,704
EBIT Margin	3.36%	4.00%	11.40%
Effective Tax Rate	-	44.36%	20.56%

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