Hanwha Chemical Corporation operates within the Plastics materials and resins sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hanwha Chemical with three other
plastic manufacturers in Asia:
UBE Industries Ltd
of Japan
(2018
sales of 695.57 billion Japanese Yen [US$6.20 billion]
of which 44%
was Chemicals Business),
Xinjiang Zhongtai Chemical Co.,Ltd.
of China
(70.22 billion Chinese Renmimbi [US$10.50 billion]
of which 70%
was Trade), and
Formosa Plastics Corporation
which is
based in Taiwan
(230.37 billion Taiwanese Dollars [US$7.48 billion]
of which 34%
was Plastic).
Sales Analysis.
During the year ended December of 2018, sales at
Hanwha Chemical were 9.05 trillion Korean Won (US$7.99 billion).
This
is
a
decrease of 3.2%
versus 2017, when the company's sales were 9.34 trillion Korean Won.
Contributing to the drop in overall sales was the 31.4% decline
in Other, from 1.44 trillion Korean Won to 984.89 billion Korean Won.
There were also decreases in sales in
Distribution Segment (down 2.1% to 663.55 billion Korean Won)
.
However, these declines were partially offset by the increase in sales of
Raw Materials Segment (up 0.3% to 4.02 trillion Korean Won)
and
Solar Energy (up 2.4% to 2.52 trillion Korean Won)
and
Manufacturing Segment (up 13.3% to 853.85 billion Korean Won)
.