Hanon Systems does not undertake any obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise. Any information expressed herein on this date is for understanding purposes before the audit, and may be subject to change without notice.
Subu Nagasubramony
Executive Vice President and Chief Financial Officer
FY 2021: Key Financial Metrics
(KRW in Billions)
FY 2021
FY 2020
YoY Variance
Revenue
7,351
6,873
478
7.0%
COGS
6,502
6,008
494
8.2%
% of Sales
88.5%
87.4%
SG&A (Incl. R&D)
523
549
-26
-4.6%
% of Sales
7.1%
8.0%
EBITDA
834
784
50
6.4%
Margin (%)
11.3%
11.4%
Operating Profit
326
316
10
3.2%
Margin (%)
4.4%
4.6%
Net Income
311
113
198
173.9%
Margin (%)
4.2%
1.7%
YoY Improvement in Revenue, EBITDA and Net Income Despite Continued Market Slowdown
5
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Hanon Systems published this content on 10 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 10 February 2022 06:39:10 UTC.
Hanon Systems, formerly Halla Visteon Climate Control Corp, is a Korea-based company mainly engaged in the manufacturing and sale of automotive thermal management systems and automotive parts. The Company is principally involved in the production and sale of heating ventilation air conditioning (HVAC) systems, power train cooling (PTC) systems, compressors, fluid transport (FT) systems, battery heat management systems, heat pump systems, high voltage cooling fan motors, radiators, condensers and others used in automobiles. The Company distributes its products within the domestic market and to overseas markets, including China, America and Europe.
HANON SYSTEMS 
