Hankook posted solid Q1 2025 results, with rising EV tyre demand and its Hanon Systems acquisition boosting sales to KRW 4.96 trillion.
EV Demand Also Fueled OE Growth for Hankook
Tyre manufacturer Hankook showed a strong performance in the first quarter of 2025 with sales of KRW 4.9636 trillion (~EUR 3,245.6m) and an operating profit of KRW 354.6 billion (~EUR 231.8m).
Hankook released its Q1 2025 financial report on May 9, 2025. This marks the first consolidated financial report following Hankook‘s acquisition of Hanon Systems, a global provider of thermal ...
EV Demand Also Fueled OE Growth for Hankook
Tyre manufacturer Hankook showed a strong performance in the first quarter of 2025 with sales of KRW 4.9636 trillion (~EUR 3,245.6m) and an operating profit of KRW 354.6 billion (~EUR 231.8m).
Hankook released its Q1 2025 financial report on May 9, 2025. This marks the first consolidated financial report following Hankook‘s acquisition of Hanon Systems, a global provider of thermal ...