Hosts investor relations session to announce business performance for 2006

2007.02.28

    Attains 111.6 billion won in operating profit, sustaining growth momentum in core businesses
    Hyosung held an investor relations session to announce business performance for 2006 where it explained the year’s achievements, and presented the outlook for this year. Despite a tough business environment, including rising international raw materials prices, high oil prices, and the strength of the won, the Company has expanded its capacity in its core business areas through global mergers and acquisitions, explored and driven new growth businesses, including wind power generation. It also increased its corporate value by improving its financial soundness through a reduction of loans. In particular, the Company has sustained a solid growth trend in core businesses, while its affiliates, including Nautilus Hyosung, have increased sales, with its Chinese production affiliates seeing drastically improving performance. Last year, the Company attained 111.6 billion won in operating profit on 4.7843 trillion won in total sales.
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