Kumho Petrochemical : 2022 4Q Earnings Release

Feb 8, 2023

4Q 2022 Earnings Release

The business result for the 4th 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. 4Q 2022 Business Results
2. Divisional Results
3. Appendix

4Q 2022 Business Results

Income Statements

(Unit: KRW bn)

Classification	22.4Q	22.3Q	QoQ	21.4Q	YoY
Sales	1,645.5	1,887.1	-12.8%	2,172.0	-24.2%
Operating Profit	113.9	230.5	-50.6%	415.3	-72.6%
(6.9%)	(12.2%)	(19.1%)
EBITDA	174.8	289.0	-39.5%	472.2	-63.0%
(10.6%)	(15.3%)	(21.7%)
Pre-tax Income	79.5	280.0	-71.6%	420.4	-81.1%
(4.8%)	(14.8%)	(19.4%)
Net Income	157.1	210.8	-25.5%	302.3	-48.0%
(9.5%)	(11.2%)	(13.9%)
Equity Income	21.7	24.2	-10.3%	34.6	-37.3%

* Net Income is based on Controlling interests.

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4Q 2022 Business Results

Balance Sheet

(Unit: KRW bn)

Classification	22.4Q	21	Change
(End)
Asset	7,721.8	8,115.7	-4.9%
(Cash and	(569.4)	(622.9)	(-8.6%)
equivalents)
Liabilities	2,065.7	3,032.8	-31.9%
(Debt)	(728.8)	(957.7)	(-23.9%)
Shareholder's	5,656.1	5,082.9	11.3%
Equity
Liabilities/	36.5%	59.7%	-23.1%p
Equity (%)

Financial Ratios

Classification	22.4Q	21	Change
(End)
Debt/Equity	12.9%	18.8%	-6.0%p
Net Debt	2.8%	6.6%	-3.8%p
/Equity
Interest	39.1	88.5	-49.5
Coverage
Ratio (x)
ROE	19.1%	47.8%	-28.6%p
ROA	13.0%	29.9%	-16.9%p

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