MIRcolor
Back to Scoreboard Page 1
Back to Scoreboard Page 2
Machine Tool Scoreboard Details Back to Scoreboard Page 3
Back to Scoreboard Page 4
Hyundai Wia Corp. Country: So. Korea
    (formerly Wia Corp.)
391-8 Gaeumjung-dong, Changwon, Kyungsang-namdo, So. Korea. Phone +82-55-280-9114
www.hyundai-wia.co.kr  www.hyundai-kiamachine.com Brands: Hyundai-Kia
Listed: www.wiamachine.co.kr
Turning, boring, milling machines and machining centers. Hyundai Wia (World Industries Ace)  is the combination of Kia Heavy Industries and Hyundai Automotive's machine-tool business under the new name Hyundai-Kia Machinery. Started MT production 1977.  MT production centered in two factories in headquarters complex in Changwon (Gyeongnam Province), So. Korea.
Values in Millions
est.
Fiscal Year Ended Dec. 2010 Change Dec. 2009 Change Dec. 2008
Total Revenue, won 4,434,895.0 42% 3,118,227.0 -2% 3,186,517.0
M-T Revenue, won 1,090,984.2 42% 767,083.8 -2% 783,883.2
Net Profit (Loss), won 136,659.0 77% 77,225.0 66% 46,392.0
U.S. $ Conversion Factor 0.00087 0.00079 0.00093
Total Revenue, U.S. $ 3,858.4 57% 2,463.4 -17% 2,963.5
M-T Revenue, U.S. $ 949.2 57% 606.0 -17% 729.0
Net Profit (Loss), U.S. $ 118.9 95% 61.0 41% 43.1
Financial Notes:
'M-T Revenue' is estimated at 24.6% of total revenue based on historical data. Automotive parts are approx. 45% of revenue. Other business units include robots and special machinery/aircraft components. Ownership is 39.5% Hyundai Motor Corp. and 39.3% Kia Motors Corp (reduced to 20.9% after a Feb 2011 IPO).