Chosun Refractories
조선내화 · 462520
Materials Construction Materials · KOSPI
Market cap US$121.1M (₩167.2B)
Overview
Chosun Refractories makes refractory materials, heat-resistant inorganic substances that line the interiors of industrial furnaces and vessels so they can withstand extreme temperatures without melting.
Its products are essential inputs for steelmaking and other heavy industries, which together account for the large majority of its revenue. Listed on KOSPI, Korea's main stock exchange, the company describes itself as the country's leading comprehensive refractory manufacturer, and the business is relatively insulated from seasonal swings because steel production runs continuously year-round.
Summary is AI-generated and may contain errors · figures from DART filings
Financials
Source: DART · FY ending Dec · latest FY2025Revenue
- FY2023US$202.4M
- FY2024US$362.8M
- FY2025US$385.5M
Operating profit
- FY2023US$23.1M
- FY2024US$14.5M
- FY2025US$17.3M
Net income
- FY2023US$17.5M
- FY2024US$4.8M
- FY2025US$2.2M
Key ratios (FY2025)
Why it matters
The refractory industry is capital-intensive and requires rigorous quality verification by customers, making it difficult for new entrants to break in, a structural characteristic the company highlights in its filing.
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