Hanchang Paper
한창제지 · 009460
Materials Paper & Packaging · KOSPI
Market cap US$15.8M (₩21.8B)
Overview
Hanchang Paper makes paperboard, thick, stiff sheets of paper used for packaging, supplying grades such as manila board and white-coated board for cigarette cartons, premium industrial packaging, infant publications, and food packaging.
Its customers span domestic and export markets, with the company shipping to both. Listed on KOSPI, Korea's main stock exchange, it was the first in Korea to introduce dedicated all-pulp board manufacturing equipment, and it continues to develop specialty industrial papers as a higher-margin product line.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$200M
- FY2024US$213.2M
- FY2025US$193.4M
Operating profit
- FY2023−US$8.3M
- FY2024US$827.9K
- FY2025−US$3.8M
Net income
- FY2023−US$12.7M
- FY2024US$1.9M
- FY2025−US$9.5M
Key ratios (FY2025)
Why it matters
The company claims to be the first in Korea to install dedicated all-pulp board production equipment, a capability it highlights as a point of differentiation in the domestic paperboard market.
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