Hankook Tire & Technology Co Ltd - Company Profile
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Hankook Tire & Technology Co Ltd (Hankook Tire), formerly Hankook Tire Co Ltd, is a tire manufacturing company, which produces, recycles, processes, and markets tires, tubes, and automotive parts. Its product portfolio comprises passenger car radial tires, light truck radial tires, ultra-high-performance tires, competition tires and trucks, and bus radial tires. In addition, the company offers maintenance and repair services such as installation, tire change, and wheel alignment services for passenger cars, light trucks, buses, and competition cars. It operates under various brand names including Laufenn, Kingstar, Ventus, Dynapro, Smart, and VanTRa. It has operations in North America, Europe, the Middle East and Africa, and Asia. Hankook Tire is headquartered in Seongnam, Gyeonggi-do, South Korea.
Headquarters
South Korea
Address
286, Pangyo-Ro, Bundang-Gu, Seongnam, 13494
Website
www.hankooktire.com/kr
Telephone
82 31 51787000
No of Employees
6,465
Industry
Automotive
Ticker Symbol & Exchange
161390 (KRX)
Revenue (2024)
$14.9B
125.3%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-2.3%
(2024 vs 2023)
Market Cap*
$4.9B
Net Profit Margin (2024)
XYZ
-56.6%
(2024 vs 2023)
* As of and is in US$
Hankook Tire & Technology Co Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Products | Services | Hankook |
| Tires: | Tire Registration | Laufenn |
| Passenger Cars | Tire Care Guide | Kingstar |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2026 | Plans/Strategy | In May, the company announced plans to supply the racing tire Ventus F200 to HWA AG's racing sedan HWA EVO.R. |
| 2026 | Plans/Strategy | In April, the company announced plans to deliver the Dynapro HP2 from its SUV-dedicated tire brand Dynapro for the North American sales model of the All-new QX65 from Infiniti. |
| 2026 | New Products/Services | In March, the company launched Laufenn X FIT AT2, a new all-terrain tire. |
Competitor Comparison
| Key Parameters | Hankook Tire & Technology Co Ltd | Compagnie Generale des Etablissements Michelin | The Goodyear Tire & Rubber Co | Sumitomo Rubber Industries Ltd | Apollo Tyres Ltd |
|---|---|---|---|---|---|
| Headquarters | South Korea | France | United States of America | Japan | India |
| City | Seongnam | Clermont-Ferrand | Akron | Kobe-Shi | Gurugram |
| State/Province | - | Auvergne | Ohio | Hyogo | Haryana |
| No. of Employees | 6,465 | 122,600 | 63,000 | 37,671 | 15,681 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hyun Bum Cho | Chairman | Executive Board | 2022 | 54 |
| Sang Hoon Lee | Co Chief Executive Officer, Head - Marketing; President | Executive Board | 2024 | 60 |
| Jongseon Ahn | ; Co Chief Executive Officer; President | Executive Board | - | 57 |
| Lee Soo-il | Vice Chairman | Executive Board | - | 64 |
| Bon Hee Ku | Head - Research and Development Innovation; President | Senior Management | - | 62 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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