Samyang Packaging 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	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	435,983	448,112	421,669	407,353	391,946
Other Revenue	-0	-	-	-0	-0
Revenue	435,983	448,112	421,669	407,353	391,946
Revenue Growth (YoY)	0.28%	6.27%	3.51%	3.93%	-
Cost of Revenue	353,171	360,660	339,319	336,261	307,480
Gross Profit	82,812	87,451	82,350	71,092	84,466
Selling, General & Admin	49,260	49,214	45,591	43,114	31,854
Other Operating Expenses	161.1	165.89	169.16	187.28	77.59
Operating Expenses	53,813	53,694	49,882	47,396	38,320
Operating Income	28,998	33,757	32,468	23,696	46,146
Interest Expense	-6,684	-6,421	-5,430	-5,677	-6,362
Interest & Investment Income	1,836	1,779	1,686	1,869	585.54
Currency Exchange Gain (Loss)	-1,098	-1,760	222.43	-1,016	-886.23
Other Non Operating Income (Expenses)	5,002	5,478	1,349	1,918	2,017
EBT Excluding Unusual Items	28,054	32,834	30,295	20,790	41,501
Gain (Loss) on Sale of Investments	-	-	-	-	500.15
Gain (Loss) on Sale of Assets	-340.29	-342.33	-7.9	-440.24	59.49
Asset Writedown	-3,527	-3,527	-	-	-4,144
Pretax Income	24,187	28,964	30,287	20,350	37,916
Income Tax Expense	8,056	8,524	4,852	8,260	7,615
Net Income	16,132	20,440	25,435	12,090	30,302
Net Income to Common	16,132	20,440	25,435	12,090	30,302
Net Income Growth	-39.26%	-19.64%	110.38%	-60.10%	-
Shares Outstanding (Basic)	16	16	16	16	14
Shares Outstanding (Diluted)	16	16	16	16	14
Shares Change (YoY)	-1.75%	-1.14%	1.50%	9.47%	-
EPS (Basic)	1040.53	1309.54	1610.98	777.24	2132.44
EPS (Diluted)	1040.48	1309.54	1610.98	777.24	2132.44
EPS Growth	-38.17%	-18.71%	107.27%	-63.55%	-
Free Cash Flow	22,765	40,365	-12,369	-19,190	27,578
Free Cash Flow Per Share	1468.30	2586.01	-783.39	-1233.66	1940.76
Dividend Per Share	500.000	500.000	500.000	750.000	1000.000
Dividend Growth	-	-	-33.33%	-25.00%	-
Gross Margin	18.99%	19.52%	19.53%	17.45%	21.55%
Operating Margin	6.65%	7.53%	7.70%	5.82%	11.77%
Profit Margin	3.70%	4.56%	6.03%	2.97%	7.73%
Free Cash Flow Margin	5.22%	9.01%	-2.93%	-4.71%	7.04%
EBITDA	54,488	58,907	56,257	45,797	71,840
EBITDA Margin	12.50%	13.15%	13.34%	11.24%	18.33%
D&A For EBITDA	25,490	25,150	23,789	22,100	25,694
EBIT	28,998	33,757	32,468	23,696	46,146
EBIT Margin	6.65%	7.53%	7.70%	5.82%	11.77%
Effective Tax Rate	33.31%	29.43%	16.02%	40.59%	20.08%
Advertising Expenses	-	190.19	100.57	85.41	135.26

Source: S&P Global Market Intelligence. Standard template. Financial Sources.