Michang Oil Ind .Co.,Ltd. (003650.KS) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	437.3B	404.6B	431.9B	409.2B	418.8B
Cost of Revenue	386.7B	357.6B	372.4B	347.7B	360.9B
Gross Profit	50.6B	47.9B	59.6B	61.6B	57.9B
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	9.6B	8.3B	8.7B	9.1B	9.3B
General & Admin Expense	993.4M	1.2B	1.3B	1.3B	1.3B
Selling & Marketing Expense	5.2B	7.1B	7.4B	7.7B	8.0B
Other Expenses	4.0B	4.9B	5.2B	4.8B	(27.8B)
Total Operating Expenses	13.6B	13.3B	13.9B	13.5B	(13.9B)
Cost and Expenses	400.3B	369.5B	386.3B	361.2B	360.9B
Operating Income (EBIT)	37.0B	34.7B	45.6B	48.0B	44.0B
Non-Operating
Interest Income	4.6B	4.1B	4.5B	2.3B	1.3B
Interest Expense	751.9M	1.2B	2.0B	590.0M	31.6M
Net Interest Income	3.8B	3.0B	2.5B	1.7B	1.3B
Other Non-Op Income/Expense	122.4B	54.3B	21.8B	12.7B	(12.3B)
Non-Operating Income (excl Interest)	(20.7B)	—	(23.8B)	(13.2B)	17.1B
EBT (Pre-Tax Income)	159.4B	89.0B	67.5B	60.6B	31.8B
Income Tax Expense	36.3B	20.1B	14.8B	13.0B	8.4B
Bottom Line
Net Income	123.1B	68.9B	52.6B	47.6B	23.4B
Earnings from Cont. Ops	123.1B	68.9B	52.4B	47.6B	23.4B
Earnings from Discont. Ops	—	—	—	—	1.6K
Bottom Line Net Income	123.1B	68.9B	52.6B	47.6B	23.4B
Per Share
Basic EPS	₩80,394	₩45,517	₩34,777	₩31,491	₩15,455
Diluted EPS	₩80,394	₩45,517	₩34,777	₩31,491	₩15,455
Revenue Per Share	₩289,051	₩232,533	₩285,487	₩270,483	₩276,798
Shares
Basic Shares Outstanding	1.5M	1.7M	1.5M	1.5M	1.5M
Diluted Shares Outstanding	1.5M	1.7M	1.5M	1.5M	1.5M
Profitability Metrics
EBITDA	(3.1B)	38.5B	72.9B	64.6B	30.0B
D&A	4.1B	3.8B	3.8B	3.3B	3.1B
EBIT	(7.2B)	34.7B	69.4B	61.2B	26.9B

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