Asia Paper Manufacturing.Co.,Ltd (002310.KS) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	874.1B	854.8B	891.1B	908.3B	1023.4B
Cost of Revenue	735.3B	715.3B	752.5B	719.2B	810.8B
Gross Profit	138.8B	139.5B	138.6B	189.2B	212.6B
Operating Expenses
R&D Expense	148.0M	—	—	—	—
SG&A Expense	76.0B	63.9B	64.4B	58.4B	62.4B
General & Admin Expense	2.0B	2.5B	2.5B	2.7B	2.5B
Selling & Marketing Expense	63.0B	61.4B	61.9B	55.8B	59.9B
Other Expenses	36.6B	48.7B	47.6B	43.1B	40.7B
Total Operating Expenses	112.7B	112.6B	112.0B	101.6B	103.1B
Cost and Expenses	848.6B	827.9B	864.5B	820.7B	913.9B
Operating Income (EBIT)	26.4B	27.2B	26.6B	87.6B	109.4B
Non-Operating
Interest Income	4.0B	4.7B	6.2B	6.6B	3.4B
Interest Expense	2.8B	2.9B	3.0B	3.4B	2.9B
Net Interest Income	1.2B	1.8B	3.2B	3.2B	587.6M
Other Non-Op Income/Expense	13.8B	14.0B	9.3B	13.3B	12.1B
Non-Operating Income (excl Interest)	(10.1B)	(16.6B)	(12.3B)	(16.7B)	(14.9B)
EBT (Pre-Tax Income)	40.2B	41.2B	35.9B	100.9B	121.5B
Income Tax Expense	13.0B	11.6B	11.9B	19.8B	27.1B
Bottom Line
Net Income	27.2B	29.7B	23.9B	81.1B	94.4B
Earnings from Cont. Ops	27.2B	29.7B	23.9B	81.1B	94.4B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	27.2B	29.7B	23.9B	81.1B	94.4B
Per Share
Basic EPS	₩715	₩760	₩587	₩1,857	₩2,108
Diluted EPS	₩715	₩760	₩587	₩1,857	₩2,108
Revenue Per Share	₩23,156	₩21,896	₩21,833	₩20,807	₩22,852
Shares
Basic Shares Outstanding	37.7M	39.0M	40.8M	43.7M	44.8M
Diluted Shares Outstanding	37.7M	39.0M	40.8M	43.7M	44.8M
Profitability Metrics
EBITDA	80.3B	76.9B	88.4B	153.5B	172.5B
D&A	51.6B	49.7B	49.5B	49.2B	48.1B
EBIT	28.7B	27.2B	38.9B	104.3B	124.4B

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026