South Korean Public Fastener Maker KPF Officially Taps into Southeast Asia via Its Subsidiary in Vietnam | Fastener World

Article by · 2016/12/07 ·

Benefiting from the improved sales performance of Vietnam subsidiary, fasteners and automotive parts maker KPF is officially tapping into the local market of Vietnam and Southeast Asia. KPF set up a subsidiary in Vietnam in 2010, and last year the subsidiary’s revenue reached KRW 40.7 billion, breaching the break-even point. This year the subsidiary has achieved a high growth margin with the accumulated revenue of the first 3 quarters reaching KRW 34.1 billion and operating profits at KRW 2.7 billion. (…)

 

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