What the company does
Songwon Industrial makes chemical additives, substances added to plastics, rubber, and other materials to protect them from heat, light, and oxidation during manufacturing and use.
Its customers are broadly industrial manufacturers who incorporate these stabilizers and additives into their own products. The company is listed on KOSPI, South Korea's main stock exchange, and files consolidated financial statements, meaning it operates through a group of subsidiaries.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue · FY2025
US$753M
▼ −2.9% YoY
Operating profit · FY2025
US$15.8M
▼ −65.2% YoY
Net income · FY2025
US$1.7M
▼ −94.8% YoY
Revenue
- FY2023US$746.4M
- FY2024US$775.5M
- FY2025US$753M
Operating profit
- FY2023US$42.4M
- FY2024US$45.5M
- FY2025US$15.8M
Net income
- FY2023US$25.3M
- FY2024US$32.7M
- FY2025US$1.7M
Key ratios (FY2025)
ROE
0.3%
Debt/Eq
50.9%
Op. margin
2.1%
Net margin
0.2%
Rev. YoY
▼ −2.9%
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