Binggrae

Corporate Bill: A1 Credit Rating; Best level
in adequate
repayment capacity; High stability

* It is the credit rating evaluation standard of corporate bill in 2012.

Corporate Bill: A1 Credit Rating; Best level
in adequate
repayment capacity; High stability

* It is the credit rating evaluation standard of corporate bill in 2012.

Corporate Bill: A1 Credit Rating; Best level
in adequate
repayment capacity; High stability

* It is the credit rating evaluation standard of corporate bill in 2012.

Revenue Structure

Revenue Structure : Sales Status, Sales Structure
Sales Status	Sales Structure	Sales Performance
Sales Status	Sales Structure	The 56th (~2021/12)	The 55th (~2020/12)	The 54th (~2019/12)
Refrigerated Items (Unit: 1M KRW)	Domestic	504,689	480,720	470,519
	Export	39,626	34,569	25,882
	Total	544,315	515,289	496,401
Frozen and Other Items (Unit: 1M KRW)	Domestic	397,027	355,703	323,483
	Export	42,661	36,537	37,323
	Total	439,688	392,240	360,806
Total (Unit: 1M KRW)	Domestic	901,716	836,423	794,002
	Export	82,287	71,106	63,205
	Total	984,003	907,529	857,207

Revenue Structure

Revenue Structure : Sales Status, Sales Structure
Sales Status : Refrigerated Items (Unit: 1M KRW)
Sales Structure : Domestic
The 56th (~2021/12)	504,689
The 55th (~2020/12)	480,720
The 54th (~2019/12)	470,519
Sales Structure : Export
The 56th (~2021/12)	39,626
The 55th (~2020/12)	34,569
The 54th (~2019/12)	25,882
Sales Status : Frozen and Other Items (Unit: 1M KRW)
Sales Structure : Domestic
The 56th (~2021/12)	397,027
The 55th (~2020/12)	355,703
The 54th (~2019/12)	323,483
Sales Structure : Export
The 56th (~2021/12)	42,661
The 55th (~2020/12)	36,537
The 54th (~2019/12)	37,323
Sales Status : Total (Unit: 1M KRW)
Sales Structure : Domestic
The 56th (~2021/12)	901,716
The 55th (~2020/12)	836,423
The 54th (~2019/12)	794,002
Sales Structure : Export
The 56th (~2021/12)	82,287
The 55th (~2020/12)	71,106
The 54th (~2019/12)	63,205

Type	Meaning
AAA	Best capacity for repayment of principal and interest
AA	Excellent capacity for repayment of principal and interest but slightly lower than the bond of AAA
A	Good capacity for repayment of principal and interest with a possibility to be influenced by economic circumstance or environment
BBB	Good capacity for repayment of principal and interest with a possibility to be reduced in repayment of principal and interest by economic circumstance or environment in future
BB	No issue in repayment of principal and interest but may have a risk in future
B	Lack of capacity for repayment of principal and interest and uncertain to interest payment in recession
CCC	Unstable component in repayment of principal and interest and high risk of default
CC	More risk than the above ratings
C	High risk of default and no capacity for repayment of principal and interest
D	Irredeemable

Type	Meaning
A1	Best adequate repayment capacity and high stability
A2	Excellent adequate repayment capacity
A3	Fine adequate repayment capacity and possible to be influenced by transition of environment
B	With a risk of having lower stability by environment
C	High risk
D	Currently in default (irredeemable)

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