Taihan Cable & Solution, Yangjae-daero 2-gil, Seocho-gu, Seoul, Korea (2025)

13/02/2025

[ Taihan's news ]
On February 5, Taihan held an investor relations (IR) conference for institutional investors and analysts.

During the presentation, the company announced that it secured approximately KRW 3.7 trillion in new project orders in 2024, more than doubling the KRW 1.8 trillion recorded in 2023. As of year-end, Taihan’s order backlog stood at KRW 2.8 trillion, reflecting a 63% increase from the previous year.

Taihan emphasized its solid financial position, reducing its debt-to-equity ratio from 266% in 2021 to 77% in 2024, while maintaining a current ratio of 193% and a debt dependency of 30%. It also provided updates on the first submarine cable plant construction and plans for a second plant.

🔎 For more information : https://www.taihan.com/en/news/pr/taihanNewsDetail?idx=672&schKey=&schField=TITLE&queryString=pageNo%253D1%2526rowSize%253D9%2526schField%253DTITLE%2526schKey%253D

10/02/2025

[ Taihan's news ]
Taihan donated $100,000 worth of power cables to the Los Angeles Department of Water & Power (LADWP) to help restore power infrastructure lost due to wildfires. These cables were developed by Taihan in collaboration with major power companies in California to prevent wildfires, which frequently occur in the western United States.

Taihan is also committed to actively participating in power infrastructure restoration efforts. With its proven track record in supplying and validating power cables, the company is ready to provide immediate emergency supply and technical support in close coordination with local utilities.

🔎 For more information : https://www.taihan.com/en/news/pr/taihanNewsDetail?idx=671&schKey=&schField=TITLE&queryString=pageNo%253D1%2526rowSize%253D9%2526schField%253DTITLE%2526schKey%253D

05/02/2025

[ Taihan's news ]
Taihan has announced its preliminary consolidated financial results for 2024, reporting KRW 3.282 trillion in revenue, KRW 114.6 billion in operating profit, and KRW 73.0 billion in net profit.

This represents a 15.4% increase in revenue from KRW 2.844 trillion in 2023, while operating profit surged by 43.6% from KRW 79.8 billion. Net profit saw a modest increase of 1.6% from KRW 71.9 billion in the previous year.

For the first time in 13 years, Taihan’s revenue surpassed KRW 3 trillion. Operating profit also exceeded KRW 110 billion for the first time since 2007.

The company attributes its robust performance to an expanded global order intake and increased revenue across key markets, including the U.S., Europe, and Asia.

Address

Yangjae-daero 2-gil, Seocho-gu, Seoul
Korea

Telephone

+8223169114

Website

http://www.taihan.com/

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Taihan Cable & Solution