Hankook Tire & Technology Co., Ltd.: Update to credit analysis - H1 2019 results weakened on soft demand
Our credit view of HKT, reflecting its leadership in the domestic market and low leverage, along with its moderate scale compared with that of its global top-tier competitors.Hankook Tire Worldwide is engaged in the manufacture, sale, import and export of tires, tire tubes, flaps, batteries, and alloy wheels. Co.'s brand names are "HANKOOK", "VENTUS", "OPTIMO", "BLACK BIRD" and KINGSTAR". Co. also buys and sells wipers, aluminum wheels and car mats.
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