Retail

Hankook achieves 2Q sales, profit increases

Order Reprints

Hankook Tire Co. Ltd. achieved global sales of $938.9 million during the second quarter, an 11.4% increase over second quarter 2006 results. Its consolidated operating profits during 2Q 2007 were $87.2 million, a 9.9% increase over the same period in 2006.

Hankook's exports to North America rose some 13%. Exports to China and Europe increased by 23% and 11%, respectively.

Hankook officials attribute sales and profit gains to the company's "strategic focus on driving net retail sales with more intensive marketing activities."

Related Articles

Sales Makers or Order Takers? How to Determine 'Who’s Who' on Your Team

Accuride announces net gain in 1Q

The Power of Perseverance: Past Tire Dealer of the Year Award Winners Keep Moving Forward

You must login or register in order to post a comment.