Korea Castiron Pipe IND
한국주철관 · 000970
Materials Steel · KOSPI
Market cap US$109M (₩150.5B)
Overview
Korea Castiron Pipe IND makes ductile iron pipes, the large, durable tubes used to carry drinking water and wastewater underground, as well as cast metal components for general industrial use.
Its customers are primarily government bodies and public utilities, with contract volumes determined largely by government procurement processes and public infrastructure budgets. Listed on KOSPI, Korea's main stock exchange, the company reports its entire business as a single segment focused on cast iron pipes, as its steel-tube operations account for a very small share of total output.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$330.7M
- FY2024US$303.9M
- FY2025US$294.7M
Operating profit
- FY2023US$14.8M
- FY2024US$11.2M
- FY2025US$9.6M
Net income
- FY2023US$12.6M
- FY2024US$10.4M
- FY2025US$12.4M
Key ratios (FY2025)
Why it matters
Demand for its core product is closely tied to the Korean government's public infrastructure spending budget, making public procurement contracts the primary driver of its business volume.
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