Recently, Hankook Tire announced its financial report for the second quarter of 2022.
The data shows that the company's sales are 1.62 billion US dollars (about 10.9 billion yuan).
Compared with the same period of the previous year, the data increased by 12.9% and increased by 13.9% from the previous quarter.
Its operating profit for the quarter was US$139 million (approximately RMB 940 million), a year-on-year decrease of 6.3%.
In the first half of this year, Hankook Tire's sales were US$3.1 billion, a slight increase over the same period last year.
Operating profit for the January-June period was $244.3 million, compared with $333.7 million in the same period last year.
It is understood that during the reporting period, the company's large-size tires accounted for 39.1% of passenger vehicle tire sales.
The sales of such tires in the Chinese market accounted for 51.8%, an increase of 11.5%.
Hankook pointed out that in the second quarter of this year, the company's performance was stable and various plans were implemented in an orderly manner.
For all of 2022, they are targeting double-digit sales growth.
Its large-size tire sales will increase to 40.2% of total passenger tire sales.
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