Hankuk Steel Wire Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2022
March 16, 2023 at 08:59 am
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Hankuk Steel Wire Co., Ltd. reported earnings results for the full year ended December 31, 2022. For the full year, the company reported sales was KRW 2,481.8 million compared to KRW 1,730.53 million a year ago. Net income was KRW 13,821.53 million compared to KRW 11,462.85 million a year ago.
Basic earnings per share from continuing operations was KRW 613 compared to KRW 506 a year ago. Basic earnings per share was KRW 613 compared to KRW 506 a year ago.
HANKUK STEEL WIRE CO., LTD. is a Korea-based company engaged in the manufacture and marketing of steel wires. The Company produces mild steel wires, hard steel wires, anti-corrosion coated wires, wire ropes, shape steel products, steel products and stainless steel wires. Its mild steel wires include common steel wires, galvanized steel wires and unpolished galvanized steel wires for coloring and painting. Its wire ropes include cross laid wire ropes, single ropes, parallel laid wire ropes, compacted wire ropes, swaged wire ropes and guide ropes. Its stainless steel wires are mainly used for automobiles, household appliances, communication equipment and others. In addition, it is involved in the provision of fittings, valves and other parts used in shipbuilding, electric power equipment and others.