KISWIRE Ltd Company Profile

KISWIRE Ltd

Manufacturing

Type
Public
Headquarters
Korea
Establishment
1945
Key Management
Mr.Hong Young-chul CEO
Revenue
~1,490.2(2021)
Headcount
~841
Website
www.kiswire.com

Business Description

KISWIRE Ltd. is engaged in the production and sale of steel wire products. It has three business divisions: Rope, Wire, & Other. It sells oil-tempered, shaped and spring wires as well as tire reinforcement, galvanized wire and strand, bridge cables, and wire rope. The company was established in Busan, South Korea on September 22, 1945.

Key Financials

Revenue (US$ Mn):

KISWIRE Ltd.’s annual revenue for 2021 was US$ 1,490 Mn, a 15.91% increase from 2020
The annual revenue generated by KISWIRE Ltd. in 2020 was US$ 1,286 Mn
At a -0.66% decrease from , KISWIRE Ltd.’s annual revenue of US$ 1,410 Mn was indexed in 2019
KISWIRE Ltd. generated total revenue of US$ 1,420 Mn in 2018

Operating Income (US$ Mn):

US$ 87 Mn was the operating income generated by KISWIRE Ltd. in 2021
KISWIRE Ltd.’s operating income for 2020 was US$ 9 Mn, a -66.91% decrease from 2019
From 2018’s operating incomes, KISWIRE Ltd. registered a -20.47% decrease in 2019, amounting to US$ 27 Mn
An operating income of US$ 34 Mn was generated in 2018 by KISWIRE Ltd.

Net Income(US$Mn):

KISWIRE Ltd.’s net income for 2021 was US$ 114 Mn, a 1384.42% increase from 2020
The net income generated by KISWIRE Ltd. in 2020 was US$ 8 Mn
At a 186.67% increase from , KISWIRE Ltd.’s net income of US$ 9 Mn was indexed in 2019
KISWIRE Ltd. generated a net income of US$ 3 Mn in 2018

Operating Margin %:

6% was the operating margin generated by KISWIRE Ltd. in 2021
KISWIRE Ltd.’s operating margin for 2020 was 1%, a -63.16% decrease from 2019
From 2018’s operating margins, KISWIRE Ltd. registered a -20.83% decrease in 2019, amounting to 2%
An operating margin of 2% was generated in 2018 by KISWIRE Ltd.

Gross Margin %:

KISWIRE Ltd.’s gross margin for 2021 was 15%, a 24.58% increase from 2020
The gross margin generated by KISWIRE Ltd. in 2020 was 12%
At a -3.94% decrease from , KISWIRE Ltd.’s gross margin of 12% was indexed in 2019
KISWIRE Ltd. generated a gross margin of 13% in 2018