Hankook Tire & Technology Co., Ltd. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 11:29 pm EST
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Hankook Tire & Technology Co., Ltd. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 2,340,056.96 million compared to KRW 2,299,721.13 million a year ago. Net income was KRW 298,332.71 million compared to KRW 228,061.9 million a year ago. Basic earnings per share from continuing operations was KRW 2,446 compared to KRW 1,870 a year ago. Basic earnings per share was KRW 2,446 compared to KRW 1,870 a year ago.
For the nine months, sales was KRW 2,762.21 million compared to KRW 2,276.38 million a year ago. Net income was KRW 529,299.33 million compared to KRW 655,328.63 million a year ago. Basic earnings per share from continuing operations was KRW 4,339 compared to KRW 5,372 a year ago. Basic earnings per share was KRW 4,339 compared to KRW 5,372 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. 
