SONGWON Industrial Group releases Q1/2023 Financial Results
SONGWON Industrial Group today released its audited financial results for the 1st quarter of 2023....
SONGWON Industrial Group releases Financial Results for Q3/2017
SONGWON Industrial Group (www.songwon.com) today announced its results for the third quarter of 2017. In Q3/2017, gross profit amounted to 38,621 Mil. KRW, and the Group reported sales totaling 180,832 Mil. KRW – an increase of 6.0% over Q3/2016. SONGWON achieved sales of 542,539 Mil. KRW (YTD Septe...
SONGWON Industrial Group releases Financial Results for Q2/2017
Today, SONGWON Industrial Group (www.songwon.com) released its financial results for the second quarter of 2017. The Group reported consolidated sales of 186,742 Mil. KRW and a net profit margin of 6.6% for Q2 - a decrease of 2.1% compared to Q2/2016. For the first half of the year, the Gr...
SONGWON Industrial Group announces Financial Results for Q1/2017
Songwon Industrial Group (www.songwon.com) today announced its audited financial results for Q1. In the first quarter, the Group achieved sales of 174,965 Mil. KRW. When compared to sales in Q1/2016 (Mil. KRW 183,074), this marked a 4.4% decrease in revenue....
SONGWON Industrial Group ends a good year with steady growth
SONGWON Industrial Group (www.songwon.com) today released its financial results for FY2016. In terms of sales, it was a very positive year overall for the organization with almost all product lines contributing to the Group’s growth despite the ongoing challenging economic environment....
Annual Report 2016
SONGWON delivered excellent financial results in 2016, demonstrating that our strategy is working and best positioning the company to deliver long-term value to investors by generating significant, sustainable growth....
Recent aspects of Polypropylene and Polyethylene stabilization
Stability can be enhanced using an alternative approach developed by SONGWON for demanding applications such as food packaging applications....
Thermal stabilizer helps reduce weight - Courtesy of Automotive Industry
Steadily increasing demand for polypropylene (PP) components in vehicles and other applications is reflected in the first half results announced by the SONGWON Industrial Group. ...
SONGWON appoints Azelis as exclusive distributor for Morocco, Algeria and Tunisia
Ulsan, Korea – February 2, 2017 – SONGWON Industrial Co., Ltd. (www.songwon.com) today announced that it has signed an agreement with Azelis Morocco for the distribution of SONGWON’s extensive range of products....
SONGWON Industrial Group releases Financial Results for Q3/2016
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....