Hyosung Corporation operates within the Yarn spinning mills sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hyosung with three other
fabric manufacturers in Asia:
Tongkun Group Co Ltd
sales of 21.75 billion Chinese Renmimbi [US$3.21 billion]
of which 90%
was Chamical Fiber),
(3.82 trillion Korean Won [US$3.36 billion]
of which 47%
was Distribution Business), and
Texhong Textile Group Ltd
based in Hong Kong
(13.04 billion Hong Kong Dollars [US$1.68 billion]
During the year ended December of 2015, sales at
Hyosung were 12.46 trillion Korean Won (US$10.96 billion).
increase of 2.3%
versus 2014, when the company's sales were 12.18 trillion Korean Won.
Despite this increase, sales are still
below the level achieved in 2013, when Hyosung
reported sales of 12.58 trillion Korean Won.
The sales level in 2015 was fairly close to the level five years ago: in 2010, Hyosung had sales
of 11.59 trillion Korean Won.
Sales of Other saw an increase
that was more than double the company's growth rate: sales were up
178.0% in 2015, from
234.56 billion Korean Won to 652.05 billion Korean Won.
Hyosung also saw significant increases in sales in
Power and Industrial Systems Business (up 6.1% to 2.49 trillion Korean Won)
Construction Business (up 23.2% to 890.98 billion Korean Won)
Not all segments of Hyosung experienced an increase in sales in 2015:
sales of Chemical Business fell 23.6% to 1.07 trillion Korean Won.
Hyosung also experienced decreases in sales in
Domestic/global Trade Business (down 2.3% to 2.87 trillion Korean Won)
Textile Business (down 3.0% to 2.10 trillion Korean Won)