Hankook Tire & Technology Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 02:38 am EDT
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Hankook Tire & Technology Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 2,263,456.31 million compared to KRW 2,039,983.96 million a year ago. Net income was KRW 138,925.85 million compared to KRW 317,884.39 million a year ago. Basic earnings per share from continuing operations was KRW 1,139 compared to KRW 2,606 a year ago. Basic earnings per share was KRW 1,139 compared to KRW 2,606 a year ago.
For the six months, sales was KRW 1,840.26 million compared to KRW 1,449.27 million a year ago. Net income was KRW 230,966.62 million compared to KRW 427,266.73 million a year ago. Basic earnings per share from continuing operations was KRW 1,893 compared to KRW 3,503 a year ago. Basic earnings per share was KRW 1,893 compared to KRW 3,503 a year ago.
Hankook Tire & Technology Co Ltd, formerly Hankook Tire Co Ltd, is a Korea-based company mainly engaged in the production and sale of tires. The Company operates its business through two segments. The Tire segment is involved of the manufacturing and sale of tires, batteries and tubes. Tires include tire for passenger cars, trucks, buses, industrial vehicles, sport utility vehicles (SUVs). The Non-Tire segment is involved of the manufacturing and sale of tire production equipment, as well as molds for machinery and tires. In addition, the Company is engaged in the provision of car maintenance services, as well as office leasing. The Company sells its products in domestic and overseas markets such as America and China.
HANKOOK TIRE & TECHNOLOGY CO., LTD. 
