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Han Kook Tire (000240)   STOCK
 
Address 647-15,YEOKSAM 1-DONG, SEOUL
Home Page www.hankooktire.com
Established 1941. 5.10 Tel 02-2222-1000
Listed 1968.12.27 IR 02-2222-1175
Common shares O/S 152,189,929 President Seo,Seung Hwa/Kim,Hwi Jung
Preferred shares O/S No.of Employees 5,257(2008. 3)
Sales growth continued over the preceding year with increased sales of UHP and premium product groups and growth in European market. Net profit decreased with equity investment evaluation loss in connection with Hungary factory while sales and operating income increased. Investment in local production facilities increased to fully automate Geumsan UHP production lines to meet rapidly growing demand for UHP tires.
Sales growth will continue with active performance of premium products, steady growth of overseas OEM orders, and growth in China market. Continuous sharp rise of natural rubber prices and lately rising synthetic rubber prices may hike cost but will mostly be absorbed by raising ASPs. Initial operation related loss will continue as Hungary subsidiary factory operation is being delayed to June or so.
(date: 2007.12, unit : %)
Name Cho Yangrae Cho Hyeonbeom Compagnie Financiere Michelin
Portion 15.6 7.1 6.2
(unit : %)
Sales Tire 99.7 Cost Raw Materials
Others 0.2 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 99. 6 ~99.12 00. 4 ~02.12 06. 4
Type BI CB SD CB RI
Amount 345.20  33.19  21.71  5.65  10.00