tyre.media Kumho Tire announce record first annual quarter sales
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Kumho Tire announce record first annual quarter sales

09 May, 2025
2 min. read
Kumho Tire announce record first annual quarter sales
Kumho Tire has announced its highest ever quarterly sales performance during the first three months of this year which has been effectively driven by a sales increase in original equipment (OE) tyres.

Between January and March 2025 recorded sales increased by 15.5 per cent year-on-year to 1.2062 trillion Won with an operating profit of 144.8 billion Won, a slight decrease by 0.6 per cent compared to 2024.

The growth is attributed to high-inch products of 18 inches and over which accounted for42.6 per cent of total annual sales and included the launch of new premium tyres including the Ecsta Sport Series and the supply ration for Electric (EV) vehicles was recorded at 17.9 per cent.

At the same time OE tyre sales increased by 27.6 per cent and replacement tyres by 12.6 per cent with a Kumho spokesperson stating, “The company plans to secure a total tyre production capacity of 65 million units during 2025 from our eight manufacturing sites around the world with quality and cost competitiveness. Through improvements in our existing factories by creating additional equipment space.”

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