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Annual Report 2015

01.03.2016

In 2015, SONGWON turned 50 years old and the company marked this special anniversary with very good results. SONGWON delivered consolidated revenues of 654.4 Billion KRW with a 1.7% decrease year over year, but with a consolidated net profit of 28.6 Billion KRW versus a net loss...

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Songwon’s new manufacturing plant in Kizad, Abu Dhabi operational

22.01.2016

Songwon Industrial Co., Ltd., today announced that the new state-of-the-art joint venture manufacturing plant in Abu Dhabi is now operational. The facility is located in Khalifa Industrial Zone Abu Dhabi (Kizad), owned and managed by Abu Dhabi Ports – the master developer, operator and manager of p...

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SONGWON Industrial Group releases Financial Results for Q3/2015

13.11.2015

SONGWON Industrial Group (www.songwon.com) today published its financial results for Q3. In Q3/2016, gross profit amounted to 41,960 Mil. KRW, with sales for the quarter totaling 170,582 Mil. KRW. The gross profit margin rose over 2015 to 24,6%, and the Group announced a 11.9% EBITDA ...

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SONGWON extends its SONGNOX® PQ stabilizer range

09.09.2015

After being active in the market for over a year with its ®SONGNOX PQ stabilizer, SONGWON announced today that it has extended its product range in response to customers’ ever-expanding needs....

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