HWASEONG, KOREA – Hyunwoo Industrial reported KRW237.3 billion ($205.2 million) in 2023 revenue, up 13% from 2022.

The company's net income of KRW10.4 billion ($7.8 million) marked a 123% jump from the previous year, and its profit margin of 4.4% was up from 2022's 2.2%.