Go to the body

Home Finance Shares & Shareholders Financial News

Financial News

Hankook Tire promptly shares general news on business opeations with interested parties.

Hankook Tire promptly shares general news on business opeations with interested parties.
Date04/27/2018 Hits20,364

Hankook Tire Announces 2018 Q1 Financial Result

  • - Hankook Tire achieves KRW 1.611 trillion in sales and KRW 184.4 billion in operating profit during the first quarter
  • - High inch tires account for 50.6% of total sales, 3.2%p QoQ increase

April XX, 2018 (Seoul, Korea) – Global leading premium tire maker, Hankook Tire (President & CEO Hyun Bum Cho) today announced the company’s 2018 Q1 Financial Result with consolidated global sales of KRW 1.611 trillion and an operating profit of KRW 184.4 billion.

Consistent investment in R&D resulted in the increase of high inch tire (over 17 inches) sales, which took up 53.2% of Europe’s total sales, acknowledged for Hankook Tire’s global top-tier technology and high product quality.

Hankook Tire plans to focus on strengthening the company’s position as a ‘premium brand’ through improving competitiveness in premium product lines, expanding sales of high inch tires and ultra-high performance tires (UHPT) that are expected to see growth in demand.

Hankook Tire will also apply an advanced franchise distribution system to strengthen B2C distribution channels and reinforce downstream distribution to expand its global distribution network. Moreover, the company will proactively target the emerging market based on a multi-brand strategy in order to satisfy diverse consumer needs.

Q1 2018 Consolidated Financial Result

Q1 2018 Consolidated Financial Result
(Unit: Billion KRW) Q1 FY 2017 Q4 FY 2017 Q1 FY 2018
Sales 1,639.2 1,682.3 1,611.4
Operating Profit 232.2 139.4 184.4
Q1 2018 Consolidated Financial Result
(Unit: Million USD) Q1 FY 2017 Q4 FY 2017 Q1 FY 2018
Sales 1,420.11 1,521.45 1,502.77
Operating Profit 201.16 126.07 171.97
Q1 2018 Consolidated Financial Result
(Unit: Million EUR) Q1 FY 2017 Q4 FY 2017 Q1 FY 2018
Sales 1,333.18 1,292.28 1,223.32
Operating Profit 188.85 107.08 139.99

*Exchange Rates:

*Exchange Rates:
  Q1 FY 2017 Q4 FY 2017 Q1 FY 2018
USD / KRW 1,154.28 1,105.72 1,072.29
EUR / KRW 1,229.54 1,301.81 1,317.24

IR Calendar

달력
S M T W T F S

IR Event

Close Layer
    ■ Today

    TOP

    It is