Shinhan Alpha REIT Co Ltd
293940.KS
KRW5 850.00 -0.51%
Exchange: KSC | Sector: Real Estate | Industry: REIT Office
Q2 2025
Published: May 25, 2026

Earnings Highlights

  • Revenue of $38.98B up 28.3% year-over-year
  • EPS of $7.00 decreased by 77% from previous year
  • Gross margin of 100.0%
  • Net income of 1.64B
  • "Transcript data not provided in the supplied dataset." - N/A
293940.KS
Company 293940.KS

Executive Summary

Shinhan Alpha REIT reported QQ2 2025 results characterized by a solid core property operating performance and strong revenue growth, offset by meaningful non-core charges and financing costs. Core earnings remained resilient, underscored by an EBITDA of KRW 26.31 billion and an operating income of KRW 21.39 billion, delivering an operating margin of approximately 54.86%. Year-over-year revenue expanded by about 28.3%, driven by leasing activity and rent escalations, while quarterly growth was flat (QoQ 0%). Net income was KRW 1.64 billion, or roughly 4.19% net margin, with earnings per share (EPS) of KRW 7.00.

Key Performance Indicators

Revenue
Increasing
38.98B
QoQ: 0.00% | YoY: 28.33%
Gross Profit
Increasing
38.98B
1.00% margin
QoQ: 0.00% | YoY: 77.59%
Operating Income
Increasing
21.39B
QoQ: 0.00% | YoY: 7.91%
Net Income
Decreasing
1.64B
QoQ: 0.00% | YoY: -39.88%
EPS
Decreasing
7.00
QoQ: 0.00% | YoY: -77.03%

Revenue Trend

Margin Analysis

Historical Earnings Comparison

PeriodRevenue ($M)EPS ($)YoY GrowthReport
Q2 2025 38,981.47 7.00 +28.3% View
Q1 2025 38,981.47 7.00 +39.6% View
Q4 2024 9,547.85 42.16 -81.0% View
Q3 2024 30,559.04 48.24 +17.1% View
Q2 2024 30,375.75 30.47 +47.0% View