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Dae Dong Ind. (000490) |
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STOCK |
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| Address |
1-12,BUK 1-RI, NONGONG-EUP, DALSEONG-GUN, DAEGU |
| Home Page |
www.daedong.co.kr
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| Established |
1947. 5.20 |
Tel |
053-610-3000 |
| Listed |
1975. 6.27 |
IR |
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| Common shares O/S |
4,745,642 |
President |
Han,Jae Hyeong/Kim,Jun Sik |
| Preferred shares O/S |
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No.of Employees |
827(2007. 6) |
| Firm's year-on-year sales slightly rose, thanks to expanded exports to the U.S. and China, though agricultural machinery demand was withered in the domestic agricultural sector, because of the Korea-U.S. FTA. Though operating profit fell on the same period last year, owing to increase in selling and administrative expenses and cost of sales, firm's year-on-year net profit ascended, due to improved nonoperating balance. Korea's agricultural machinery market takes an oligopolistic market form by six firms, and firm's market share in the domestic cultivator market is over 80%. |
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| Firm's biz revenue is forecast to rise, because of sales in crease in seedlings transfers and combines, stemming from growth trends of U.S. tractor OEM supplies and Chinese agricultural market. Though unstable exchange rate factors exist, firm's profitability improvement is expected, in view of active operating power improvement and high added value products sales in the overseas markets. Firm's affiliates increased to six firms by adding a local subsidiary, Dae Dong Agricultural Machinery Co., Ltd. established in China. |
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 |
(date: 2007.06, unit : %) |
| Name |
Kim Junsik |
Dae Dong Ind. |
Kim Sangsu |
| Portion |
20.3 |
12.6 |
6.0 |
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(unit : %) |
| Sales |
Tractor |
54.9 |
Cost |
Raw Materials |
77.4 |
| Combine |
8.3 |
Labors |
9.1 |
| Others |
25.4 |
Overhead |
13.4 |
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(Unit : 100Mn.Won,Won) |
| Year |
~90.12 |
~91.12 |
93.12 |
93.12 |
99. 1 |
| Type |
CB |
CB |
RI |
BI |
BI |
| Amount |
1.88 |
0.75 |
25.90 |
19.85 |
18.84 |
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