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
companies in this sector in South Korea:
Kumho Tires Company Incorporated
sales of 2.88 trillion Korean Won [US$2.66 billion]
of which 100%
Hankook Tire Worldwide Co Ltd
(707.88 billion Korean Won [US$654.79 million]
of which 89%
was Storage Battery Operating), and
DTR Automotive Corporation
(877.86 billion Korean Won [US$812.02 million]
Nexen Tire reported sales of 1.96 trillion Korean Won (US$1.82 billion)
December of 2017.
increase of 3.7%
versus 2016, when the company's sales were 1.89 trillion Korean Won.
Sales at Nexen Tire have increased during each of the previous five years
(and since 2012, sales have increased a total of 16%).
Sales of Tire saw an increase
4.0% in 2017, from
1.87 trillion Korean Won to 1.94 trillion Korean Won.
Not all segments of Nexen Tire experienced an increase in sales in 2017:
sales of Machinery Manufacturing fell 39.1% to 241.43 million Korean Won.
(However, this segment's sales were only a very small portion of the company's overall sales).
Nexen Tire also experienced decreases in sales in
Shipping and Storage (down 18.9% to 21.50 billion Korean Won)