Taekwang Industrial Co., Ltd.

KSE 003240.KS

Taekwang Industrial Co., Ltd. Gross Profit Margin for the year ending December 31, 2023: 4.59%

Taekwang Industrial Co., Ltd. Gross Profit Margin is 4.59% for the year ending December 31, 2023, a 39.39% change year over year. Gross Profit Ratio is the ratio of gross profit to net sales, indicating the percentage of revenue that exceeds the cost of goods sold and reflects the efficiency of a company in managing its production or procurement and sales.

Taekwang Industrial Co., Ltd. Gross Profit Margin for the year ending December 31, 2022 was 3.29%, a -84.88% change year over year.
Taekwang Industrial Co., Ltd. Gross Profit Margin for the year ending December 31, 2021 was 21.77%, a 48.44% change year over year.
Taekwang Industrial Co., Ltd. Gross Profit Margin for the year ending December 31, 2020 was 14.66%, a -57.99% change year over year.
Taekwang Industrial Co., Ltd. Gross Profit Margin for the year ending December 31, 2019 was 34.90%, a 0.76% change year over year.

Key data

Date	Gross Profit Margin	Operating Income Margin	EBT Margin	Net Income Margin

KSE: 003240.KS

Taekwang Industrial Co., Ltd.

CEO	Mr. Jae-hyuk Shim
IPO Date	Jan. 4, 2000
Location	South Korea
Headquarters	162-1 Jangchung-dong 2-ga
Employees	924
Sector	Materials
Industries Composite Materials Chemicals & Advanced Materials Glass Personal Care Petrochemicals Plastics

Description

Taekwang Industrial Co., Ltd. engages in the synthetic fiber, textile, petrochemical, and advanced material businesses in South Korea and internationally. It offers synthetic fibers comprising acrylic fibers, nylon filaments, spandex, and low-melting-point fibers, as well as ring, open-end, acrylic, and acrylic blended spun yarns. The company also provides petrochemical products, including purified terephthalic acids, propylene, acrylonitrile, sodium cyanide, acetonitrile, ammonium sulphate, and hydrogen peroxide. In addition, it offers tricot and polyester fabrics; and advanced materials, such as carbon and aramid fibers. The company was founded in 1950 and is headquartered in Seoul, South Korea.

Key trends

Past 5 years