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| Machine Tool Scoreboard Details | Back to Scoreboard Page 3 | |||||||
| Hanwha TechM Corp. | Country: | So. Korea | ||||||
| 59 Seongsan-dong, Changwon, Kyeongsangnam-do, So. Korea 641-315. Phone +82-55-280-8834. | ||||||||
| www.hanwhatechm.co.kr | www.hanwha.co.kr | Brands: | Hanwha | |||||
| Listed: | www.hanwhamachinery.com | |||||||
| Known as Hanwha Machinery outside Korea. Turning machines, especially CNC Swiss-type lathes. Grinders. Established 1953 as bearing company (bearing business spun off 1998); began MT production 1978. Offices in 23 countries incl. U.S. (near Milwaukee, Wisc.). Other businesses include factory eqpt. (conveyors, storage systems), industrial furnaces, and special machinery (flat-panel screens, automotive assembly). | ||||||||
| Values in Millions | ||||||||
| Fiscal Year Ended | Dec. 2007 | Change | Dec. 2006 | Change | Dec. 2004 | |||
| Net sales, won | na | 202,405.0 | ||||||
| M-T sales, won | na | 43,633.0 | ||||||
| Net Profit (Loss), won | na | not stated | ||||||
| U.S. $ Conversion Factor | 0.00108 | 0.00106 | 0.00088 | |||||
| Net Sales U.S. $ | 316.0 | 319.0 | 178.1 | |||||
| M-T sales U.S. $ | 63.2 | 63.8 | 38.4 | |||||
| Net Profit (Loss), U.S. $ | na | na | not stated | |||||
| Financial Notes: | ||||||||
| Part of giant (annual sales: US$25-billion) Hanwha Group (construction, finance, chemicals, communications, sports, etc.). 'Machine-tool sales' estimated at 20% of TechM division sales per correspondence from KOMMA, Korean Machine Tool Manufacturers' Assn. | ||||||||