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| 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). | ||||||||