PI Advanced Materials : Changesof 30% or More in Salesor Profits/Losses(15% or More in the Case of Large-sized Corporations)

Changes of 30% or More in Sales or Profits/Losses (15% or More in the Case of Large-sized Corporations)

※ Note that this disclosure is stated by the concerned company, thus the details may be changed according to audit results. Refer to the disclosure "Submission of Audit Report" for finalized details.
1. Type of financial statements	non-consolidated financial statements
2. Details of changes (KRW thou.)	Current fiscal year	Previous fiscal year	Amount increased/ decreased	Increase/ decrease rate (%)
- Sales (limited to amount of revenue according to sales of goods and services provided)	301,868,719	261,788,779	40,079,940	15.3%
- Operating income	75,857,969	60,009,434	15,848,535	26.4%
- Net income from continuing operation before income tax	83,314,151	52,741,434	30,572,717	58.0%
- Net income	64,000,019	41,723,872	22,276,147	53.4%
- Classified as a large-sized corporation?	No
3. Financial status (KRW thou.)	Current fiscal year	Previous fiscal year
- Total assets	472,959,622	404,031,459
- Total liabilities	147,070,686	121,144,770
- Total shareholders' equity	325,888,936	282,886,689
- Capital stock	14,683,161	14,683,161
- Total shareholders' equity/capital stock ratio (%)	2,219.5	1,926.6
4. Main causes for changes in sales or profits/losses amount	Both sales and profits increased due to increased sales of high value-added materials and production capacity
5. Date of board resolution (decision date)	2022-01-24
- Attendance of outside directors	Present (No.)	3
Absent (No.)	0
- Attendance of auditors (members of Audit Committee who are not outside directors)	-
6. Other matters to be factored into investment decisions
Please note that this disclosure is based on unaudited financial information which may be subject to change upon completion of external auditors audit procedures
※ Related disclosure	2022-01-19 Prior Notice on Disclosure of Final Earnings