Foosung (093370) investor relations material

Executive summary

• Revenue for FY2025 was KRW 471.6 billion, up 7.7% year-over-year, driven by increased sales in refrigerants and chemical equipment, and higher domestic prices due to quota reductions.

• Operating income reached KRW 25.4 billion, a significant turnaround from a KRW 9.6 billion loss in FY2024.

• Net income attributable to owners was KRW 5.3 billion, compared to a net loss of KRW 69.4 billion in the prior year.

• The company maintained a strong market position in fluorochemicals, battery materials, and semiconductor specialty gases, with unique domestic production capabilities.

Financial highlights

• Gross profit margin improved to 18.6% from 12.5% in FY2024.

• EBITDA was KRW 66.3 billion, up from KRW 35.0 billion in FY2024.

• Total assets stood at KRW 827.5 billion, with total equity of KRW 389.4 billion and a debt ratio of 113%, down from 148% a year earlier.

• Cash and cash equivalents increased to KRW 67.7 billion from KRW 54.9 billion.

• Capital expenditures included significant investments in new plant and equipment, notably for battery materials and semiconductor gases.

Outlook and guidance

• Management expects continued uncertainty in global markets due to geopolitical tensions and inflation, but aims to maintain growth through market responsiveness and operational efficiency.

• No specific quantitative guidance was provided, but the company plans to focus on expanding market share in core segments and investing in R&D for new materials.