SM Hwajin Co., Ltd. Reports Earnings Results for the Full Year Ended December 31, 2021
March 30, 2022 at 02:47 am
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SM Hwajin Co., Ltd. reported earnings results for the full year ended December 31, 2021. For the full year, the company reported sales was KRW 1,136.99 million compared to negative sales of KRW 0.00022 million a year ago. Net loss was KRW 6,514.73 million compared to KRW 22,231.4 million a year ago.
SM Hwajin Co Ltd, formerly HWAJIN Co., Ltd., is a Korea-based company mainly engaged in the manufacture and sale of automobile interior components. The Company's products portfolio consists of wood grain products used for steeling wheels, rear switches, plate consoles, knob outers, keyboards, rear cases and others, and ion plasma evaporation (IPE) products used as painting and molding products for insert damper knobs, stop and start buttons, indicator cover switch body, wheel decoration rings, bezel covers and others. It also involves in the wholesale of automobile printings through its subsidiary. The Company' s main clients are Hyundai, KIA Motors, Ssangyong Motor, Nissan, Honda, LG Electronics and others. The Company distributes its products within domestic market and to overseas markets.