WAPS Co., Ltd.
KKRX:1967001,114.00
KRW
-52.00
(-4.46%)
ISIN
KR7196700009
Return %
Stock
S&P 500
1Y
-19.74
14.39
3Y
-36.34
81.42
5Y
-73.97
68.62
Capital Structure
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in mil. unless spec.Working Capital
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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
KRW
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in mil. unless spec.Quarterly Dividends Per Share
KRW
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in mil. unless spec.Company Description
- CEO
- Jae-Chun Lee
- Full Time Employees
- 70
- Sector
- Process industries
- Industry
- Chemicals: specialty
- Address
- Busan South Korea
- IPO Date
- Aug 10, 2015
- Website
- waps.co.kr
- Similar Companies
- Business
- WAPS Co., Ltd. (KRX: 196700) is a South Korea-based advanced materials and specialty chemical manufacturing company that develops, manufactures, and markets high-performance polymer compounds, eco-friendly composite building solutions, automotive interior materials, and consumer lifestyle products. Founded in 2001 and headquartered in Busan, South Korea, the company operates domestic manufacturing and research facilities in Yangsan and Cheongju, alongside international production plants and business operations in Binh Duong and Ho Chi Minh City, Vietnam. The company serves diverse industrial and consumer markets through an integrated product and service portfolio that includes; advanced polymer compounding materials, such as Thermoplastic Elastomers (TPE) engineered for elasticity and recyclability, proprietary high-performance ionomer resins utilized in multi-layer golf ball cores and covers, functional masterbatches, and eco-friendly non-PVC (polyvinyl chloride-free) compound formulations; Wood-Plastic Composite (WPC) building and landscaping products, comprising weather-resistant outdoor decking, landscape fencing, architectural louvers, exterior siding, and acoustic panels; automotive interior and exterior application materials, including soft-touch instrument panel skins, weatherstrips, sealing systems, and noise, vibration, and harshness (NVH) dampening polymer compounds supplied to automotive parts manufacturers; customized modular system furniture, interior architectural sheets, and artificial marble fixtures commercialized under the ARIZE brand; smart home wellness devices, including water filtration showerheads and air purification appliances marketed under the Dr. OPlus brand; and commercial serviced office management operating under the ARIZE CAMPUS brand in Southeast Asia. In recent developments, WAPS Co., Ltd. has actively advanced a strategic business diversification initiative, transitioning from conventional contract polymer compounding toward proprietary, high-value eco-friendly materials and branded lifestyle solutions. Over the past one to two years, the company has expanded its Southeast Asian operational presence by scaling production throughput at its Vietnamese manufacturing facility and growing its commercial real estate footprint through ARIZE CAMPUS flexible office expansions in Ho Chi Minh City. In addition, the company has expanded its research and development pipeline into low-volatile organic compound (low-VOC), lightweight, and recyclable polymer formulations to comply with evolving global environmental regulations in the automotive and building sectors, while implementing operational efficiency and cost rationalization initiatives across its domestic production lines to support financial stability and long-term margin improvement.