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Industrial Bank of Korea

024110.KS

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue
15,419
Cost of Revenue
8,297
Gross Profit
7,121
Gross Margin
46.2%
Operating Income
2,676
Operating Margin
17.4%
Net Income
1,983
Net Margin
12.9%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
2,912
EBITDA Margin
18.9%

2023

12/31/2023

Revenue
7,444
Cost of Revenue
0
Gross Profit
7,444
Gross Margin
100.0%
Operating Income
4,094
Operating Margin
55.0%
Net Income
2,002
Net Margin
26.9%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
2,738
EBITDA Margin
36.8%

2022

12/31/2022

Revenue
10,632
Cost of Revenue
3,869
Gross Profit
6,763
Gross Margin
63.6%
Operating Income
2,703
Operating Margin
25.4%
Net Income
2,001
Net Margin
18.8%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
2,907
EBITDA Margin
27.3%

2021

12/31/2021

Revenue
7,858
Cost of Revenue
1,921
Gross Profit
5,937
Gross Margin
75.6%
Operating Income
2,488
Operating Margin
31.7%
Net Income
1,809
Net Margin
23.0%
EPS (Basic)
$2.00
EPS (Diluted)
$2.00
EBITDA
2,687
EBITDA Margin
34.2%

2020

12/31/2020

Revenue
7,718
Cost of Revenue
2,279
Gross Profit
5,439
Gross Margin
70.5%
Operating Income
1,565
Operating Margin
20.3%
Net Income
1,152
Net Margin
14.9%
EPS (Basic)
$1.00
EPS (Diluted)
$1.00
EBITDA
1,771
EBITDA Margin
22.9%