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 25.58 billion Chinese Renmimbi [US$3.75 billion]
of which 90%
was Chamical Fiber),
Texhong Textile Group Ltd
of Hong Kong
(15.92 billion Hong Kong Dollars [US$2.04 billion]
(3.88 trillion Korean Won [US$3.40 billion]
of which 45%
was Distribution Business).
During the year ended December of 2016, sales at
Hyosung were 11.93 trillion Korean Won (US$10.44 billion).
decrease of 4.2%
versus 2015, when the company's sales were 12.46 trillion Korean Won.
The sales level in 2016 was fairly close to the level five years ago: in 2011, Hyosung had sales
of 11.34 trillion Korean Won.
Contributing to the drop in overall sales was the 29.1% decline
in Domestic/global Trade Business, from 2.87 trillion Korean Won to 2.04 trillion Korean Won.
There were also decreases in sales in
Textile Business (down 6.0% to 1.98 trillion Korean Won)
However, these declines were partially offset by the increase in sales of
Power and Industrial Systems Business (up 2.6% to 2.56 trillion Korean Won)
Industrial Material Business (up 0.4% to 2.38 trillion Korean Won)
Chemical Business (up 11.8% to 1.19 trillion Korean Won)
Construction Business (up 0.1% to 892.25 billion Korean Won)
Other Segments (up 35.5% to 883.46 billion Korean Won)