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Noroo Paint & Coatings Co.,Ltd. (South Korea)

Main Activities: Paint, Coating, and Adhesive Manufacturing
Full name: Noroo Paint & Coatings Co.,Ltd. Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Noroo Paint & Coatings Co., Ltd. is a company located in Anyang. It was founded in 1945 and has since been developing and manufacturing a wide range of products, including architectural, protective, automotive, and industrial coatings. Noroo focuses on producing high-quality paints with excellent color, durability, and gloss, including environmentally-friendly options. The company has implemented complete automation and computerization in its production process, from raw material testing to packaging, to ensure product quality. Noroo also utilizes cutting-edge digital technologies to analyze colors and build databases. In 2010, Noroo declared Green Management and has been committed to pursuing healthy and sustainable development. The company prioritizes the harmony between humans and nature in its technology development, following the principles of Green Process, Green Product, and Green Regulations. Over its 78-year history, Noroo Paint & Coatings has overcome challenges and grown significantly, becoming a leading paint maker with a new history. The company offers eco-friendly products, advanced materials, color-based consulting, and interior design services to create a new future for customers and the environment. Noroo follows the NOROO Way, which is based on the corporate philosophy of the founding chairman. It encompasses state ideology, profession, work ethics, and attitude. The NOROO Way includes business philosophy, management philosophy, shared values, vision, code of conduct, and business strategies. It serves as a central principle for the group's global business and guides employees in aligning with the company's vision. Through thorough planning and a competitive spirit, Noroo aims to improve its enterprise value and achieve growth targets as a global business.

Headquarters
615, Bakdal-Dong, Manan-Gu, Anyang
Anyang; Gyeonggi; Postal Code: 430-030

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Website: http://www.noroo.co.kr

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
June 02, 2006
Key Executives
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Chairman
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Vice President
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Managing Director
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Managing Director
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Managing Director
Ownership Details
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57.8%
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2%
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1.5%
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1.2%
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0.8%
Company Performance
Financial values in the chart are available after Noroo Paint & Coatings Co.,Ltd. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency KRW. Absolute financial data is included in the purchased report.
Net sales revenue
4.45%
Total operating revenue
4.47%
Operating profit (EBIT)
50.86%
EBITDA
35.14%
Net Profit (Loss) for the Period
47.51%
Total assets
1.32%
Total equity
3.68%
Operating Profit Margin (ROS)
2.05%
Net Profit Margin
1.56%
Return on Equity (ROE)
2.47%
Debt to Equity Ratio
-6.91%
Quick Ratio
-0.25%
Cash Ratio
-0.04%

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