Kumho Asiana targets £11.4 billion in sales in 2007

The Kumho Asiana Group, the South Korean family-run conglomerate who own Kumho Tire, said Tuesday it is aiming for 21 trillion won (£11.4 billion) in sales and 1 trillion won in net profit this year.

In a regulatory filing the group predicted its sales will increase 15 per cent over last year’s sales to 21 trillion won, with net profit forecast to reach 1 trillion won.