Earnings per Share

12 Months Ended

Dec. 31, 2025

36.	Earnings per Share

(a)	Basic earnings per share for the years ended December 31, 2023, 2024 and 2025 were as follows:


(in Won, except share information)	2023		2024		2025
Profit attributable to controlling interest	￦	1,698,202,436,726		1,125,379,754,922		690,685,596,779
Weighted-average number of common shares outstanding(*1)		75,869,542		75,767,552		75,620,779

Basic earnings per share	￦	22,383		14,853		9,134

(*1)	The weighted-average number of common shares used to calculate basic earnings per share are as follows:


(shares)	2023			2024			2025
Total number of common shares issued		84,571,230			83,761,569			81,350,016
Weighted-average number of treasury shares		(8,701,688	)		(7,994,017	)		(5,729,237	)

Weighted-average number of common shares outstanding		75,869,542			75,767,552			75,620,779

(b)

The Company has potentially issuable common shares due to its exchangeable bonds as of December 31, 2023, 2024 and 2025 and Share-based Payment Program as of December 31, 2023. The effect from the Share-based Payment Program was excluded from the calculation of diluted earnings per share for year ended December 31, 2023 due to anti-dilutive effect. Meanwhile, diluted earnings per share is equal to basic earnings per share for the years ended December 31, 2023 and 2025 due to anti-dilutive effect. Diluted earnings per share for the years ended December 31, 2023, 2024 and 2025 are calculated as follows:


(in Won, except share information)	2023		2024			2025
Profit attributable to controlling interest	￦	1,698,202,436,726		1,125,379,754,922			690,685,596,779
Gain from exchange rate on and revaluation of exchangeable bonds		—		(139,569,768,850	)		—

Diluted profit		1,698,202,436,726		985,809,986,072			690,685,596,779

Adjusted weighted-average number of common shares(*1)		75,869,542		77,990,432			75,620,779

Diluted earnings per share	￦	22,383		12,640			9,134

(*1)	The adjusted weighted-average number of common shares outstanding to calculate diluted earnings per share are as follows:


(shares)	2023		2024		2025
Weighted-average number of common shares outstanding		75,869,542		75,767,552		75,620,779
Weighted-average number of potential common share		—		2,222,880		—

Adjusted weighted-average number of common shares		75,869,542		77,990,432		75,620,779