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	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Operating Revenue	514,372	500,640	558,734
Other Revenue	-	-	-0
Revenue	514,372	500,640	558,734
Revenue Growth (YoY)	-	-10.40%	-
Cost of Revenue	454,501	437,929	442,590
Gross Profit	59,871	62,711	116,143
Selling, General & Admin	38,920	41,547	44,527
Research & Development	2,142	1,739	1,956
Other Operating Expenses	240.14	280.04	1,768
Operating Expenses	41,458	42,692	52,440
Operating Income	18,414	20,019	63,704
Interest Expense	-10,103	-8,621	-4,176
Interest & Investment Income	3,438	1,005	411.14
Earnings From Equity Investments	-10,392	-4,221	961.88
Currency Exchange Gain (Loss)	-540.45	783.54	-323.05
Other Non Operating Income (Expenses)	2,884	2,327	728.33
EBT Excluding Unusual Items	3,700	11,292	61,306
Gain (Loss) on Sale of Investments	2,060	619.51	-32.34
Gain (Loss) on Sale of Assets	26.28	25.12	-489.76
Pretax Income	5,785	11,937	60,784
Income Tax Expense	3,644	5,295	12,497
Earnings From Continuing Operations	2,141	6,642	48,287
Minority Interest in Earnings	-1,259	-816.15	-1,120
Net Income	882.34	5,825	47,167
Net Income to Common	882.34	5,825	47,167
Net Income Growth	-	-87.65%	-
Shares Outstanding (Basic)	12	12	12
Shares Outstanding (Diluted)	12	12	12
Shares Change (YoY)	-	-0.01%	-
EPS (Basic)	74.51	491.64	3980.32
EPS (Diluted)	74.51	491.64	3980.00
EPS Growth	-	-87.65%	-
Free Cash Flow	15,848	38,287	-12,039
Free Cash Flow Per Share	1338.38	3231.24	-1015.91
Dividend Per Share	200.000	200.000	1600.000
Dividend Growth	-	-87.50%	-
Gross Margin	11.64%	12.53%	20.79%
Operating Margin	3.58%	4.00%	11.40%
Profit Margin	0.17%	1.16%	8.44%
Free Cash Flow Margin	3.08%	7.65%	-2.15%
EBITDA	30,184	32,052	75,596
EBITDA Margin	5.87%	6.40%	13.53%
D&A For EBITDA	11,770	12,033	11,892
EBIT	18,414	20,019	63,704
EBIT Margin	3.58%	4.00%	11.40%
Effective Tax Rate	62.98%	44.36%	20.56%

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