SM Hwajin Co., Ltd. Reports Earnings Results for the First Quarter Ended March 31, 2024
May 10, 2024 at 12:53 am
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SM Hwajin Co., Ltd. reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported sales was KRW 168.93 million compared to KRW 312.6 million a year ago. Net loss was KRW 731.94 million compared to KRW 1,021.25 million a year ago.
SM Hwajin Co Ltd, formerly HWAJIN Co., Ltd., is a Korea-based company mainly engaged in the manufacture and sale of automobile interior components. The Company's products portfolio consists of wood grain products used for steeling wheels, rear switches, plate consoles, knob outers, keyboards, rear cases and others, and ion plasma evaporation (IPE) products used as painting and molding products for insert damper knobs, stop and start buttons, indicator cover switch body, wheel decoration rings, bezel covers and others. It also involves in the wholesale of automobile printings through its subsidiary. The Company' s main clients are Hyundai, KIA Motors, Ssangyong Motor, Nissan, Honda, LG Electronics and others. The Company distributes its products within domestic market and to overseas markets.
HWAJIN CO LTD 
