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 2.56 trillion Korean Won [US$2.16 billion]
of which 57%
was Finished goods),
(1.34 trillion Korean Won [US$1.13 billion]
of which 90%
was Rubber Products), and
DTR Automotive Corporation
(908.52 billion Korean Won [US$767.70 million]
of which 103%
was Auto parts).
Nexen Tire reported sales of 1.98 trillion Korean Won (US$1.68 billion)
December of 2018.
a very small
increase of 1.0%
versus 2017, when the company's sales were 1.96 trillion Korean Won.
Sales at Nexen Tire have increased during each of the previous five years
(and since 2013, sales have increased a total of 15%).
Sales of Machinery Manufacturing saw an increase
that was more than double the company's growth rate: sales were up
149.6% in 2018, from
241.43 million Korean Won to 602.61 million Korean Won.
Nexen Tire also saw significant increases in sales in
Tire (up 2.0% to 1.98 trillion Korean Won)
Not all segments of Nexen Tire experienced an increase in sales in 2018:
sales of Shipping and Storage fell 93.0% to 1.50 billion Korean Won.
(However, this segment's sales were only a very small portion of the company's overall sales).