South Korea’s Tyre manufacturer Hankook, has released its financial report for the third quarter of 2016. The company has gained on the operating income by around 23% due to the positive performance of its sales of ultra-high performance tyres and original equipment tyres. This became possible due to positive sales in Europe and China. The ultra-high performance tyres alone accounted for about 34.2% of company’s total sales.
However, Hankook’s total revenue fell by a small margin of about 3.9% from the corresponding period of last year. The company has been expanding its OET supply portfolio worldwide with the latest news of becoming the Original Equipment supplier for Scania in Europe as another achievement in this field. Hankook already is OET supplier for Daimler AG and MAN.
Hankook Tire Group is South Korea based tyre manufacturing company and has a distribution network in about 180 countries globally. It is also world’s 7th largest tyre maker.
Author: Ankit verma
My need for speed began at a very early age and I realised this as soon as I got my first bicycle at the age of 8. When all the other kids would break downhill I would pedal harder just to go faster and enjoy the thrill. Adding to my interest for speed, I grew engrossed in the working mechanics of two wheelers thanks to my father as he is a hydraulic mechanic and would take me along with him on his repair sessions. Eventually I became familiar with the tools and basic technical concepts of two wheelers.Super sport and sport tourers are more of my liking and the sparks to these flames were ignited the first time I experienced the maddening power of a Yamaha YZF R1. I was just 14 years old at the time and got to ride as a pillion with an older acquaintance. This one short ride influenced my every decision in terms of the bikes I want to own. As of today I’m 26 years old and a proud owner of a Yamaha Fz15 version 2.0 and a Kawasaki Ninja 650 2014 model having clocked a decent 30k Kms only while touring, waiting to clock 1000s more as riding makes me feel whole again after enduring the dismal routines of life.
Read more
Help
Customer Care:
| 
Help
