Nexen Tire achieved a record sales in the 1st quarter of 2025

Nexen Tire has released its financial results for Q1 2025, which show record-high revenue of KRW 771.2 billion (£400.02 million / €470.43 million) and an operating profit of KRW 40.7 billion (£21.16 million / €24.83 million).

This represents a 13.7% increase in sales compared to the same period last year, which the tire manufacturer notes is the highest quarterly figure in the company's history and exceeds market expectations.