Auto Parts Industry | Consumer Cyclical Sector | Mr. Hyun-Bum Cho CEO | KRX SM Exchange | KR7000240002 ISIN |
South Korea Country | 1,066 Employees | - Last Dividend | 4 Jan 2000 Last Split | - IPO Date |
Hankook & Company Co., Ltd., originally known as Hankook Technology Group Co., Ltd., underwent a name change in December 2020 and has since continued to make its mark in various sectors. Founded in 1941 with its headquarters stationed in Seoul, South Korea, the company has diversified its operations beyond its initial focus. Initially recognized for manufacturing and selling storage batteries, Hankook & Company has expanded its reach into investment business operations and other varied services. This diversification not only showcases the company's adaptability but also its growth strategy to venture into different industrial sectors, including the competitive realms of car sales and maintenance, and business consultancy services.
A core product line, Hankook & Company manufactures and markets storage batteries, catering to a wide range of uses from automotive to industrial applications. This segment underscores the company's origins and expertise in energy storage technology.
The company is actively involved in investment operations, leveraging its financial resources to foster growth and innovation within itself and its subsidiary companies. This facet of operations highlights Hankook & Company's strategic approach to expansion and sustainability in the business landscape.
Hankook & Company also ventures into the sports industry by managing a racing team. This involvement not only adds to the company's portfolio of activities but also enhances its brand visibility and engagement with motorsport audiences.
Through its advertising agency division, the company offers comprehensive marketing solutions to its clients. This service allows Hankook & Company to tap into the creative industry, providing innovative advertising strategies and campaigns.
The company offers car repair and maintenance services, showcasing its capability in automotive care. These services cater to both imported and local vehicles, ensuring high standards of maintenance for vehicle owners.
Aside from general automotive services, Hankook & Company specializes in the niche market of imported car sales and its related maintenance services, addressing the needs of luxury and foreign car owners.
Expanding its reach into the digital realm, Hankook & Company engages in the internet information service industry. This involves providing various online services that cater to the increasing demand for digital content and information sharing.
The company also offers management consulting services, aiding other businesses in optimizing their operations, strategy development, and overall performance enhancement. This demonstrates Hankook & Company's versatility and expertise in business operations.
Last but not least, the company provides business support services, further broadening its scope by offering comprehensive solutions designed to support the operational needs of other businesses.