Hankook Shows First Half Sales, Profit Increases - Tire Review Magazine

Hankook Shows First Half Sales, Profit Increases

Hankook Tire Corp. reported first half global sales of $3.22 billion, up year-over-year from $3.11 billion.

Those sales generated operating profits of $476.5 million for the six-month period, an increase from 2012’s $415.3 million.

“We are pleased that our results for the second quarter of 2013 shows solidarity across all of the facets of Hankook Tire Corp. as it is a result of our foresight into the future to solidify our foundation for growth based on balanced global production portfolio and advanced R&D

capabilities,” said Seung Hwa Suh, vice chairman and CEO. “On the basis of our continued capital investments to balance growth in both quantity and quality, we will continue to place our solid foot print in the global automotive industry and in our path to become a global top-five global tire brand.”

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