Hyosung Corp - Company Profile
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Hyosung Corp (Hyosung) is an industrial conglomerate. The company manufactures and distributes fiber products including terylene, viscose fiber, carbon fiber, acetate fiber, and other products. Its operations encompass businesses such as textiles, chemicals, industrial materials, power and industrial systems, construction, trading, and information and communication. Hyosung manufactures and sells synthetic fiber products and electronic products such as fibers, tire cords, automotive seatbelt yarns, airbag fabric, spandex, transformers, PET bottles, pumps, carpets, gear reducers and generators for power plants, and plastic wrapping films. It also manufactures wind turbines and charging systems for renewable energy. Hyosung is headquartered in Seoul, South Korea.
Headquarters
South Korea
Address
119, Mapo-Daero, Mapo-Gu, Seoul, 04144
Website
www.hyosung.com
Telephone
82 2 7077000
No of Employees
7,778
Industry
Industrial Goods and Machinery
Ticker Symbol & Exchange
004800 (KRX)
Revenue (2022)
$2.6B
-7.6%
(2022 vs 2021)
EPS
XYZ
Net Income (2022)
XYZ
-99.6%
(2022 vs 2021)
Market Cap*
$878.2M
Net Profit Margin (2021)
XYZ
-96.6%
(2022 vs 2021)
* As of and is in US$
Hyosung Corp premium industry data and analytics
Products and Services
| Products | Services |
|---|---|
| Fiber: | Logistic Services |
| Carpet Yarn | Repair and Rationalization |
| Nylon Fiber | Comprehensive Design and Audit |
| 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 |
|---|---|---|
| 2024 | New Products/Services | In March, the company launched Hyosung GV125R in Europe. |
| 2023 | New Products/Services | In September, the company launched Hyosung GV300S-Evo. |
| 2023 | New Products/Services | In September, the company formulated a new bio-based Creora spandex. |
Competitor Comparison
| Key Parameters | Hyosung Corp | LG Chem Ltd | Mitsubishi Heavy Industries Ltd | Posco International Corp | Doosan Corp |
|---|---|---|---|---|---|
| Headquarters | South Korea | South Korea | Japan | South Korea | South Korea |
| City | Seoul | Seoul | Chiyoda-Ku | Seoul | Seoul |
| State/Province | - | - | Tokyo | - | - |
| No. of Employees | 7,778 | 14,280 | 76,859 | 1,064 | 3,930 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Hyun Joon Cho | Chairman | Executive Board | 2017 | - |
| H.S. Cho | President - Industrial Materials Performance Group; Chief Operating Officer; Vice Chairman | Executive Board | - | - |
| Kyoo-Young Kim | President; Director | Executive Board | - | - |
| Cho Yong-Soo | President | Senior Management | 2023 | - |
| Simon Whitmarsh-Knight | Director - Marketing Director, Hyosung Textiles | Senior Management | 2022 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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