Ducksung Co., Ltd.
3,230.00
KRW
-140.00
(-4.15%)
ISIN
KR7004830006
Return %
Stock
S&P 500
1Y
-38.71
14.39
3Y
-40.84
81.42
5Y
-79.81
68.62
Capital Structure
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in mil. unless spec.Working Capital
KRW
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in mil. unless spec.Growth Rates
KRW
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in mil. unless spec.Quarterly Revenue
KRW
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Bong-Geun Lee
- Full Time Employees
- 152
- Sector
- Process industries
- Industry
- Textiles
- Address
- 25, Shinwon-ro Suwon-si GY South Korea 16677
- IPO Date
- Sep 25, 1987
- Website
- duksung21.com
- Similar Companies
- Business
- Duksung Co., Ltd. is a South Korea-based company specializing in the manufacture and sale of synthetic leathers and related chemical products. Its main product portfolio includes artificial leathers; synthetic resins; materials used in cosmetics; polishing pads; textiles specifically designed for footwear applications; wet dressing products; and intermediate organic materials for organic light-emitting diodes (OLEDs). The company also operates waste recovery and recycling facilities, underscoring its commitment to environmental sustainability. Founded in 1966 and headquartered in Suwon-si, South Korea, Duksung operates production facilities in Suwon, Incheon, and Osan, reflecting a strong domestic manufacturing presence with an emphasis on quality and innovation. In the last 1-2 years, Duksung has undergone notable operational and strategic developments. The company reported a substantial net sales revenue increase of 16.68% in the third quarter of 2024, alongside a 4.74% growth in total assets. Although the net profit margin slightly decreased by 0.7% in 2024, the company continues to expand its product lines and technology capabilities. A significant recent financial event includes a partnership involving an $800,000 promissory note issued to Duksung by Bellevue Life Sciences as of October 2024, indicating financial collaborations beyond its core manufacturing business. The company emphasizes continuous research and development, enabling it to supply advanced materials that meet the evolving needs of industries such as automotive, electronics, and construction. Duksung targets diverse markets requiring high-performance synthetic materials, including footwear, cosmetics, OLED technology, and specialty textiles. It also exports products to regions including Brazil, China, Hong Kong, Pakistan, and Vietnam. The company maintains a workforce of approximately 130-160 employees and remains committed to sustainable manufacturing practices through its recycling and waste recovery operations. Its recent strategic focus includes broadening its product offerings and enhancing material performance to support industrial advancements globally. Overall, Duksung Co., Ltd. combines a legacy of over five decades in synthetic leather manufacturing with innovation in chemical and textile materials, positioning itself as a comprehensive supplier of specialized synthetic products primarily operating within South Korea with an expanding global footprint. The company’s continuous product development, financial collaborations, and increasing sales highlight its dynamic growth trajectory in the synthetic materials sector.