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.