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Hankook YoY Sales Flat, Operating Profit Up

In its latest financial report, Hankook Tire Co. reported consolidated sales for 2016 reached nearly $5.7 billion, a minor increase compared to $5.68 billion in fiscal 2015.

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In its latest financial report, Hankook Tire Co. reported consolidated sales for 2016 reached nearly $5.7 billion, a minor increase compared to $5.68 billion in fiscal 2015.

Hankook’s operating profit for 2016, however, was up 21.6% year-over-year, from $782.1 million to $951.1 million.

Average exchange rates for the given annual period were retrieved from Korea Exchange Bank.

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