Posco International Corporation

047050.KS

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

24,256

Cost of Revenue

22,834

Gross Profit

1,422

Gross Margin

5.9%

Operating Income

838

Operating Margin

3.5%

Net Income

386

Net Margin

1.6%

EPS (Basic)

$2.00

EPS (Diluted)

$2.00

EBITDA

1,133

EBITDA Margin

4.7%

2023

12/31/2023

Revenue

24,850

Cost of Revenue

23,510

Gross Profit

1,380

Gross Margin

5.6%

Operating Income

872

Operating Margin

3.5%

Net Income

505

Net Margin

2.0%

EPS (Basic)

$3.00

EPS (Diluted)

$3.00

EBITDA

1,301

EBITDA Margin

5.2%

2022

12/31/2022

Revenue

28,492

Cost of Revenue

27,316

Gross Profit

1,176

Gross Margin

4.1%

Operating Income

664

Operating Margin

2.3%

Net Income

442

Net Margin

1.6%

EPS (Basic)

$4.00

EPS (Diluted)

$4.00

EBITDA

888

EBITDA Margin

3.1%

2021

12/31/2021

Revenue

25,462

Cost of Revenue

24,611

Gross Profit

851

Gross Margin

3.3%

Operating Income

432

Operating Margin

1.7%

Net Income

271

Net Margin

1.1%

EPS (Basic)

$2.00

EPS (Diluted)

$2.00

EBITDA

612

EBITDA Margin

2.4%

2020

12/31/2020

Revenue

16,104

Cost of Revenue

15,410

Gross Profit

694

Gross Margin

4.3%

Operating Income

318

Operating Margin

2.0%

Net Income

179

Net Margin

1.1%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

555

EBITDA Margin

3.4%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	24,256	24,850	28,492	25,462	16,104
Cost of Revenue	22,834	23,510	27,316	24,611	15,410
Gross Profit	1,422	1,380	1,176	851	694
Gross Margin	5.9%	5.6%	4.1%	3.3%	4.3%
Operating Income	838	872	664	432	318
Operating Margin	3.5%	3.5%	2.3%	1.7%	2.0%
Net Income	386	505	442	271	179
Net Margin	1.6%	2.0%	1.6%	1.1%	1.1%
EPS (Basic)	$2.00	$3.00	$4.00	$2.00	$1.00
EPS (Diluted)	$2.00	$3.00	$4.00	$2.00	$1.00
EBITDA	1,133	1,301	888	612	555
EBITDA Margin	4.7%	5.2%	3.1%	2.4%	3.4%