Kumho Tire Co., Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 12:23 pm IST
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Kumho Tire Co., Inc. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported sales was KRW 122,370.28 million compared to KRW 88,678.77 million a year ago. Net loss was KRW 29,825.13 million compared to KRW 15,155.94 million a year ago. Basic loss per share from continuing operations was KRW 104 compared to KRW 53 a year ago. Diluted loss per share from continuing operations was KRW 104 compared to KRW 53 a year ago. Basic loss per share was KRW 104 compared to KRW 53 a year ago.
For the six months, sales was KRW 232,528.61 million compared to KRW 129,714.36 million a year ago. Net loss was KRW 34,973.91 million compared to KRW 27,619.55 million a year ago. Basic loss per share from continuing operations was KRW 122 compared to KRW 96 a year ago. Diluted loss per share from continuing operations was KRW 122 compared to KRW 96 a year ago. Basic loss per share was KRW 122 compared to KRW 96 a year ago.
Kumho Tire Co Inc is a Korea-based company mainly engaged in the manufacture and sale of tires. The Company manufactures and sells tires for passenger cars, sports utility vehicles (SUVs), recreational vehicles (RVs), trucks, buses, racing cars. The products are sold under the name of SOLUS series, ECSTA series, ecowing series, SENSE series, WinTERCRAFT, among others. In addition, the Company also engaged in the non-residential building leasing. The Company distributes its products in domestic and overseas markets such as China, Vietnam and America.
KUMHO TIRE CO., INC. 
