Price as on December 24, 2024:-
South Korea: KRX: South Korean Won243500
Data source: Google Finance
Established in 1957, Hyosung TNC is a leading producer of textile products such as Spandex with the brand CREORA Spandex, Nylon with the brand CREORA Nylon, Polyester with the brand CREORA Polyester, other major products are general apparel fabric, workwear fabric, industrial fabric and dyeing. Hyosung TNC is a leading producer of spandex, supplying approximately one-third of the world’s spandex, having production network in Korea, Brazil, India, China, Vietnam, Turkey and more locations. The company to invest US$1billion in future “Bio” business, it will be the world’s first fully-integrated production system for bio-spandex “frow raw material to fiber”.
For the third quarter, company reported sales KRW1936281.51 million and net income KRW22682.22 million. For the nine months of 2024, sales was KRW5798408.26 million and net income was KRW111096.94 million.
The company unveiled the first-ever Regen Manufacturing Process – Korea’s leading recycled textile brand, at Seoul Fashion Week, September 2024.
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