Kumho Petrochemical : 2022 3Q Earnings Release

Nov 4, 2022

3Q 2022 Earnings Release

The business result for the 3rd quarter of 2022 is currently under the audit process, however this is

presented purely for the purposes of investors' convenience.

Hence, please be advised that some of the contents may be altered in the course of audit.

Forecasts and projections contained in this material are based on current business environments and management strategies, so these may differ from the actual result upon changes and unaccounted variables.

1. 3Q 2022 Business Results
2. Divisional Results
3. Appendix

3Q 2022 Business Results

Income Statements

(Unit: KRW bn)

Classification	22.3Q	22.2Q	QoQ	21.3Q	YoY
Sales	1,887.1	2,243.9	-15.9%	2,236.3	-15.6%
Operating Profit	230.5	353.9	-34.9%	625.3	-63.1%
(12.2%)	(15.8%)	(28.0%)
EBITDA	289.0	411.2	-29.7%	680.4	-57.5%
(15.3%)	(18.3%)	(30.4%)
Pre-tax Income	280.0	387.4	-27.7%	733.4	-61.8%
(14.8%)	(17.3%)	(32.8%)
Net Income	210.8	286.9	-26.5%	604.6	-65.1%
(11.2%)	(12.8%)	(27.0%)
Equity Income	24.2	21.0	15.2%	38.9	-37.8%

* Net Income is based on Controlling interests.

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3Q 2022 Business Results

Balance Sheet

(Unit: KRW bn)

Classification	22.3Q	21	Change
(End)
Asset	7,729.8	8,115.7	-4.8%
(Cash and	(428.0)	(622.9)	(-31.3%)
equivalents)
Liabilities	2,247.1	3,032.8	-25.9%
(Debt)	(821.2)	(957.7)	(-14.3%)
Shareholder's	5,482.7	5,082.9	7.9%
Equity
Liabilities/	41.0%	59.7%	-18.7%p
Equity (%)

Financial Ratios

Classification	22.3Q	21	Change
(End)
Debt/Equity	15.0%	18.8%	-3.9%p
Net Debt	7.2%	6.6%	0.6%p
/Equity
Interest	28.9	88.5	-59.7
Coverage
Ratio (x)
ROE	22.0%	47.8%	-25.8%p
ROA	14.7%	29.9%	-15.3%p

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