SK Gas FY 2025 Annual ReportBeta
SK Gas annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 20, 2026. This page provides AI-powered English analysis including business overview, management discussion & analysis (MD&A), risk factors, and KIFRS consolidated financial data such as revenue, net income, gross margin, operating margin, and return on equity (ROE).
SK Gas FY 2025 Annual Report Analysis
Business Overview
- • LPG gas business accounts for 90% of total revenue, KRW 7T in 2025, with domestic sales KRW 4.1T (54.4%) and exports KRW 3.5T (45.6%)
- • Ulsan GPS launched world's first LPG-LNG dual fuel power plant commercial operation in Dec 2024, generating KRW 760B revenue in 2025
Management Discussion & Analysis
- • Revenue KRW 767.6B (+8.18% YoY); operating profit KRW 44.3B (+54.20%); pre-tax profit KRW 31.4B (+21.02%); net income KRW 23.4B (+21.18%)
- • Gas division main revenue contributor (~90% sales); LPG sales volume declined 13% due to weak PDH market; Ulsan GPS LNG-LPG power plant startup boosted pre-tax profit
Risk Factors
- • USD 5% move → ±KRW 128.2M impact on income; EUR 5% move → ±KRW 174.8M impact on income for Ulsan GPS foreign currency exposure
- • PRS credit derivative contract underlying 43 LPG stations valued at KRW 3.93B fair value as of FY2025
SK Gas FY 2025 Key Financial MetricsDART
Total Assets
KRW 8.03T
▲ +5.6% YoY
Operating Cash Flow
KRW 672.6B
▲ +80.2% YoY
CapEx
KRW 296.7B
▼ -15.5% YoY
Source: KIFRS consolidated financial data from SK Gas annual report on DART. All figures in KRW.
Source: DART (Korea Financial Supervisory Service) · AI summaries generated from the original Korean filing (English output) · Beta: coverage is expanding