Paratech Co., Ltd.
KKRX:0335402,685.00
KRW
+20.00
(+0.75%)
ISIN
KR7033540006
Return %
Stock
S&P 500
1Y
-56.06
13.14
3Y
-72.25
80.78
5Y
-92.88
67.74
Capital Structure
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Company Description
- CEO
- Seon-Gi Park
- Full Time Employees
- 229
- Sector
- Producer manufacturing
- Industry
- Industrial conglomerates
- Address
- Seosan-si South Korea
- IPO Date
- Dec 26, 1997
- Website
- paratech.co.kr
- Similar Companies
- Business
- Paratech Co., Ltd. is a South Korea-based manufacturer and engineering service provider specializing in fire protection equipment and fire safety construction systems. Founded in 1973 and headquartered in Dangjin, Chungcheongnam-do, South Korea, the company operates across two primary business divisions: Firefighting Equipment Manufacturing and Fire Protection Construction. The company manufactures and distributes an extensive portfolio of certified fire safety and suppression products, including: fire sprinkler heads such as standard response, quick response, flush, concealed, pendent, upright, sidewall, and early suppression fast response (ESFR) models; specialized fire valves comprising alarm valves, deluge valves, pre-action valves, dry pipe valves, check valves, and groove-type butterfly valves; flexible sprinkler hose assemblies and metallic flexible joint connectors; gaseous clean agent and specialized extinguishing systems utilizing FK-5-1-12, HFC-227ea, IG-100, carbon dioxide, and high-pressure water mist; and municipal and industrial firefighting hardware such as indoor fire hose reels, fire hydrants, fire department connections, and specialized deluge nozzles. In addition to hardware manufacturing, Paratech delivers turnkey fire protection engineering, procurement, and construction (EPC) services, encompassing the engineering design, system installation, inspection, and facility maintenance for semiconductor fabrication cleanrooms, electric vehicle battery plants, automated logistics hubs, data centers, high-rise commercial buildings, and residential complexes. In recent developments, Paratech has strategically accelerated its business expansion into high-growth technology sectors by introducing specialized fire suppression and thermal runaway containment solutions engineered specifically for secondary battery production lines, electric vehicle charging facilities, and energy storage systems (ESS). The company has also expanded its portfolio of international safety accreditations, securing rigorous global certifications including UL (Underwriters Laboratories) and FM (Factory Mutual) approvals for its high-performance ESFR sprinkler lines tailored for advanced high-ceiling warehouse environments. Additionally, Paratech has advanced strategic initiatives in intelligent disaster prevention, incorporating Internet of Things (IoT) sensors, smart flow monitoring, and automated safety diagnostics into its next-generation valve and extinguishing equipment to serve modern smart-factory and industrial infrastructure projects across domestic and international markets.