Nexen Tire Corporation operates in the Tires and inner tubes sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Nexen Tire with three other
tire manufacturers in Asia:
Triangle Tyre Co Ltd
sales of 8.54 billion Chinese Renmimbi [US$1.32 billion]
of which 100%
(1.97 trillion Korean Won [US$1.73 billion]
of which 96%
was Rubber Products), and
Bengal & Assam Company Limited
based in INDIA
(109.93 billion Indian Rupees [US$1.48 billion]
During the first
quarter of 2021, sales at Nexen Tire totalled
493.82 billion Korean Won .
an increase of 7.6%
from the 459.14 billion Korean Won in sales at the company during the first quarter of 2020.
Nexen Tire reported sales of 1.70 trillion Korean Won (US$1.50 billion)
December of 2020.
decrease of 16.0%
versus 2019, when the company's sales were 2.02 trillion Korean Won .
The sales level in 2020 was fairly close to the level five years ago: in 2015, Nexen Tire had sales
of 1.84 trillion Korean Won .
Contributing to the drop in overall sales was the 32.7% decline
in Machinery Manufacturing, from 709.44 million Korean Won to 477.80 million Korean Won .
There were also decreases in sales in
Tire (down 16.1% to 1.69 trillion Korean Won )
However, these declines were partially offset by the increase in sales of
Shipping and Storage (up 16.7% to 3.07 billion Korean Won )