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Seong An Co.,Ltd. (South Korea)

Main Activities: Textile Mills
Full name: Seong An Co.,Ltd. Profile Updated: July 04, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Seong An Co., Ltd. is a fabric manufacturer and exporter located in Daegu, South Korea. The company was established in 1953 and is known for its world-famous brands, STARTEX and SOFSIL. Seong An specializes in producing a variety of polyester fabrics, mixed yarn fabrics, knits, and mechanical stretch fabrics. The company's main focus is on providing high-quality products to its customers. Seong An has its own developed yarn and expertise in weaving and finishing, allowing them to closely supervise the creation of the final product. This attention to detail has helped increase their annual profits. Seong An is committed to maintaining the highest level of quality control and has obtained globally recognized certifications, patents, and textile chemical technologies. They are ISO-9001 and 2000 certified and strive to meet their customer's needs. The company's business goal is to implement the idea of "quality" into their staff, meet customer demands, and enhance the skills of their workers. They aim to produce the highest quality products at a reasonable price, which is what the world markets demand. Seong An believes that by doing so, they can enhance customer satisfaction and contribute to the growth of the Korean economy. Seong An's vision for the future, called VISION 2030, focuses on open innovation, honesty, and challenge. They aim to maximize business efficiency through continuous growth and achieve a top global brand status. Overall, Seong An Co., Ltd. is a leading fabric manufacturer and exporter in Korea, known for its high-quality products and commitment to customer satisfaction. They strive to become a world leader in the textile industry and continue to innovate in order to meet the demands of the global market.

Headquarters
740 Geomdan-Dong, Buk-Gu
Daegu; Daegu; Postal Code: 702-800

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Website: http://www.startex.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
April 20, 1976
Key Executives
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Chief Executive Officer
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Vice President
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Vice Chairman
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Outside Director
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Auditor
Ownership Details
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10.59%
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7.58%
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4.9%
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4.84%
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2.74%
Subsidiaries
성안이집트
68%
성안합섬(주)
62.9%
Company Performance
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
-22.04%
Total operating revenue
-27.38%
Operating profit (EBIT)
45.54%
EBITDA
42.85%
Net Profit (Loss) for the Period
-41.89%
Total assets
-16.69%
Total equity
-62.91%
Operating Profit Margin (ROS)
4.56%
Net Profit Margin
-11.72%
Return on Equity (ROE)
-41.77%
Debt to Equity Ratio
258.24%
Quick Ratio
-0.01%
Cash Ratio
0.05%

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