Nexen Tire Corporation

A002350

KR7002350007

Tires & Rubber Products

End-of-day quote Korea S.E. Other stock markets 06:00:00 2024-04-25 pm EDT			5-day change	1st Jan Change
9,020 ^KRW	-0.33%		+1.01%	+12.19%

Apr. 02	NEXEN Tire Expands Its Original Equipment Portfolio Line for Premium Quality N'FERA SPORT Tires	CI
2023	NEXEN TIRE Gets Original Equipment Approval for the Eighth-Generation BMW 5 Series	CI

Nexen Tire Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023

May 15, 2023 at 03:28 am EDT

Nexen Tire Corporation reported earnings results for the first quarter ended March 31, 2023. For the first quarter, the company reported sales was KRW 9,211.75 million compared to KRW 9,204.48 million a year ago. Net income was KRW 11,388.78 million compared to net loss of KRW 25,783.78 million a year ago.

Basic earnings per share from continuing operations was KRW 112 compared to basic loss per share from continuing operations of KRW 252 a year ago. Basic earnings per share was KRW 112 compared to basic loss per share of KRW 252 a year ago.

Latest news about Nexen Tire Corporation

NEXEN Tire Expands Its Original Equipment Portfolio Line for Premium Quality N'FERA SPORT Tires	Apr. 02	CI
NEXEN TIRE Gets Original Equipment Approval for the Eighth-Generation BMW 5 Series	23-10-25	CI
Nexen Tire Corporation Reports Earnings Results for the First Quarter Ended March 31, 2023	23-05-15	CI
Nexen Tire Announces Milestone Long-Term Partnership Extension with Manchester City	23-05-11	CI
China's CNOOC steps up Western retreat with launch of U.S. sale - sources	22-11-23	RE
Nexen Tire Supplies Original Equipment for the BMW X1 and iX1 EV compact SUVs	22-09-26	CI
Nexen Tire Corporation Supplies Two New OE Tires for Hyundai Ioniq 6	22-09-20	CI
Nexen Tire Corporation(KOSE:A002350) dropped from KOSPI 200 Index	22-06-09	CI
Nexen Tire Corporation Develops Tire Performance Prediction System Using Ai Technology	22-02-15	CI
Nexen Tire to Feature on 8th-Gen Audi A6	22-01-10	CI
Nexen Tire Names as Official Tire of the Anaheim Ducks and Honda Center Arena	21-09-23	CI
Nexen Tire Partners with AC Milan	21-08-25	CI
Nexen Tire Announces to Supply OE Tires for EV6, Kia’s First Pure Electric Vehicle	21-08-10	CI
Nexen Tire N'FERA SPORT Selects as Original Equipment on Volkswagen Golf and SEAT Leon	21-06-15	CI
Nexen Tire Launches Next Century Ventures in Silicon Valley to Expand to New & Futuristic Mobility Space	21-03-18	CI
Nexen Tire Appoints Jin Mann Lee as the Managing Partner at Next Century Ventures	21-03-18	CI
Nexen Tire to Supply the N'FERA SPORT, N'Blue S, and WINGUARD Sport 2 Tires for the New Fourth-Generation Audi A3	21-02-16	CI
Nexen Tire Launches New All-Season N'blue 4Season Van and Updated Winguard Winspike 3 Winter Tyres in Europe	20-10-15	CI
Manchester City Renews Strategic Partnership with Nexen Tire, Taking the Partnership into Its Third Term Through the New Multi-Year Deal	20-09-16	CI
Nexen Tire Announces Opening of Europe Plant in Zatec, Czech Republic	19-08-05	CI
Nexen Tire Corporation Partners with Plug and Play for Future Technology and Business Development	19-06-18	CI
Nexen Tire Supplies Original Equipment Tires for Volkswagen Jetta	18-11-26	CI
Nexen Tire Plans to Open Its New, Fully-Automated Manufacturing Plant in Zatec Near Prague	18-11-19	CI
Nexen Tire Europe's Sales and R&D Centers Relocate to its Newly Opened Headquarters in Germany	18-09-10	CI
Nexen Tire Supplies Original Equipment Tires for FCA US LLC	18-02-08	CI

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Company Profile

Nexen Tire Corp is a Korea-based company mainly engaged in the production and sale of tires. The Company operates its business through two segments. The Tire segment is engaged in the manufacturing and sale of tires including passenger car radial (PCR) tires, light truck radial (LTR) tires and sport utility vehicle (SUV) tires, as well as the provision of tire rental services. The Non-Tire segment involves in the transport and storage, mold, bread business. The Company distributes its products in domestic market and overseas markets such as China, America, Europe and Southeast Asia.

Sector

Tires & Rubber Products

Calendar

2024-05-01 - Q1 2024 Earnings Release

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ESG Refinitiv

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

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Last Close Price

9,020 KRW

Average target price

10,989 KRW

Spread / Average Target

+21.83%

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