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Hankook publish a stable set of 2024 financial results

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By Luke Willetts - 13th March 2025

Hankook HQ in Seongnam-si, South Korea

South Korea – Hankook Tire & Technology of Seongnam-si, South Korea has published its 2024 financials with consolidated global sales of EUR 6,380.7 million, compared to EUR 6,329.5 million in 2023. Operating profit increased by 5.3 percent, to EUR 1,194.6 million (2023: EUR 940.1 million) in 2024. Hankook said the results reflected strong and increased demand for large-diameter tyres, and winning numerous contracts with unnamed OEMs. We remain to see what impact, if any, Trump’s tariffs will have on the international tyre manufacturers in 2025.

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