Kumho Tyre Posts 23% Q3 Operating Profit Drop Amid Cost Pressure
Kumho Tyre reported a sharp decline, a nearly 23% fall in its operating profit for the third quarter of 2025, as higher raw-material costs and weak demand weighed on its performance. Chosunbiz The South Korean tyre maker faced a challenging environment, with margin pressure coming from increased exposure to rubber and carbon-black price inflation, as…