Hankook Tire recently announced 2010 third quarter earnings report: Hankook Tire's third quarter global sales amounted to 1.5 trillion won, up 7.1 percent over the same period in 2009. The company’s operating profit for the third quarter reached 16.34 billion won.
Third quarter, Hankook Tire sales volume in South Korea, China and Hungary, respectively, an increase of 10.1%, 6.6% and 13.7%.
Hantai Chao High Performance tires have annual sales growth of up to 30% in the global market, especially in the United States and Asia Pacific markets, and sales continue to soar. In addition, Hankook increased the output of ultra-high performance tires in Korea and China by 82.7% and 51% respectively over the same period of 2009 through the provision of ancillary services to global vehicle manufacturers. Based on the ever-increasing brand value and the trust of consumers, Hankook Tire has successfully expanded its global market share to provide first-line vehicle manufacturers with ancillary services. In 2010, Hankook Tire's global sales target is expected to exceed 5 trillion won.
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The neodymium countersunk magnet is a neodymium, iron, and boron magnetic alloy blend.The magnets are with anti corrosion platings. The North and South poles are on the largest flat directions.Please note that countersink block magnets are materials with strong magnetism and fragile features which require cautions when operating them.
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