Dae Dong Steel Co. Ltd. reported earnings results for the year ended December 31, 2012. For the year, the company reported operating loss of KRW 1,808,518,321, loss before tax of KRW 592,362,298, loss of KRW 392,062,120 or 4,300.0 jeon basic loss per share on revenue of KRW 188,596,627,837 against operating profit of KRW 4,596,245,583, profit before tax of KRW 4,447,667,288, profit of KRW 3,126,228,575 or KRW 345.0 basic per share on revenue of KRW 155,434,160,956 for the same period a year ago.

Cash flows from operating activities was KRW 9,780,132,650 against cash flow used in operating activities of KRW 2,036,532,185 for the same period a year ago. Negative return on equity was 0.7% against return on equity of 5.36% for the same period a year ago. Negative return on assets was 0.41% against return on assets of 2.92% for the same period a year ago.