SeAH Steel Income Statement

Financials in millions KRW. Fiscal year is January - December.

Millions KRW. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Revenue	1,809,433	1,860,905
Revenue Growth (YoY)	-2.77%	-
Cost of Revenue	1,511,049	1,543,468
Gross Profit	298,384	317,437
Selling, General & Admin	83,022	82,329
Operating Expenses	95,475	85,526
Operating Income	202,909	231,910
Interest Expense	-7,888	-9,881
Interest & Investment Income	4,962	8,717
Earnings From Equity Investments	-256.78	637.77
Currency Exchange Gain (Loss)	11,064	-608.81
Other Non Operating Income (Expenses)	-1,413	3,082
EBT Excluding Unusual Items	209,377	233,857
Gain (Loss) on Sale of Investments	36,825	13,509
Gain (Loss) on Sale of Assets	707	-684
Asset Writedown	-	-3,979
Pretax Income	246,908	242,703
Income Tax Expense	109,846	53,869
Net Income	137,062	188,834
Net Income to Common	137,062	188,834
Net Income Growth	-27.42%	-
Shares Outstanding (Basic)	3	3
Shares Outstanding (Diluted)	3	3
EPS (Basic)	48949.06	67438.29
EPS (Diluted)	48949.06	67438.29
EPS Growth	-27.42%	-
Free Cash Flow	209,536	61,290
Free Cash Flow Per Share	74831.77	21888.47
Gross Margin	16.49%	17.06%
Operating Margin	11.21%	12.46%
Profit Margin	7.58%	10.15%
Free Cash Flow Margin	11.58%	3.29%
EBITDA	233,971	262,578
EBITDA Margin	12.93%	14.11%
D&A For EBITDA	31,062	30,668
EBIT	202,909	231,910
EBIT Margin	11.21%	12.46%
Effective Tax Rate	44.49%	22.20%

Updated Nov 14, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.