Kiswire
고려제강 · 002240
Materials Steel · KOSPI
Market cap US$371.2M (₩512.2B)
Overview
Kiswire makes wire rope, the thick steel cable used to lift, haul, and moor heavy loads, as well as high-carbon steel wire and bead wire used in tires and industrial springs.
Its products serve as intermediate materials supplied to industries such as automotive, shipbuilding, mining, and construction. Listed on KOSPI, Korea's main stock exchange, the company operates across two core manufacturing segments, rope and wire rod, plus a smaller rental-income segment, with the wire rod segment generating the larger share of external revenue.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$1.3B
- FY2024US$1.3B
- FY2025US$1.3B
Operating profit
- FY2023US$40.8M
- FY2024US$18.9M
- FY2025US$29.5M
Net income
- FY2023US$46.8M
- FY2024US$23.9M
- FY2025US$3.3M
Key ratios (FY2025)
Why it matters
The filing states that Kiswire is the largest domestic producer by both production capacity and sales volume among Korean manufacturers of wire rope and specialty wire rod products.
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