Hankook reports modest Q3 growth
During the third quarter of 2013, revenues at Hankook Tire edged up 0.8 per cent to KRW 1.80 trillion billion (£1.06 billion, €1.22 billion), while operating profit of KRW 244.2 billion (£143.3 million, €165.9 million) was 5.9 per cent higher than the same time last year yet 10.4 per cent lower than in the second quarter of 2013. Operating profit to sales ratio was 13.6 per cent, up 9.9 per cent year-on-year but down 10.0 per cent quarter-on-quarter.