Korea Gas Corporation FY 2025 Annual ReportBeta
Korea Gas Corporation annual report for FY 2025, filed with DART (Korea Financial Supervisory Service) on March 23, 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).
Korea Gas Corporation FY 2025 Annual Report Analysis
Business Overview
- • Korea Gas Corporation (KOGAS) sole domestic wholesale natural gas supplier, 100% domestic market share (excluding self-import volumes); FY2025 total revenue KRW 35.73T, down from KRW 38.39T in FY2024
- • LNG Canada project commenced commercial production Jun 2025; KOGAS equity share produced 149,000 tons in FY2025 (first production year)
Management Discussion & Analysis
- • Revenue KRW 35.73T (-6.93% YoY); OP KRW 2.10T (-30.04% YoY); net income KRW 132.2B (-88.49% YoY)
- • Gas import & sales segment OP fell KRW 767.9B (-30.0%) to KRW 1.79T — management cites decline in LNG wholesale cost/supply fee settlement profit and lower LNG selling price
Risk Factors
- • USD/KRW 10% move → pre-tax P&L impact of ±KRW 23.8B; USD net liability exposure KRW 16.14T (assets KRW 114.3B vs. liabilities KRW 16.25T)
- • Financial liabilities due within 1 year: KRW 18.05T (current period) vs. KRW 23.48T (prior period), driven by KRW 8.29T short-term borrowings and KRW 5.97T bonds
Korea Gas Corporation FY 2025 Key Financial MetricsDART
Total Assets
KRW 53.63T
▼ -7.0% YoY
Operating Cash Flow
KRW 6.54T
▲ +80.2% YoY
CapEx
KRW 1.99T
▲ +19.3% YoY
Source: KIFRS consolidated financial data from Korea Gas Corporation 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