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Hwacheon Machine Tool (000850)   STOCK
 
Address 976-1,JANGDEOK-DONG, GWANGSAN-GU, GWANGJU
Home Page www.hwacheon.co.kr
Established 1977.10.11 Tel 062-951-5111
Listed 1999.11.18 IR
Common shares O/S 2,200,000 President Gwon,Yeong Du/Gwon,Yeong Ryeol
Preferred shares O/S No.of Employees 302(2007. 6)
Firm's year-on-year biz revenue sharply rose, as supply performance to Hyundai Motor greatly improved. Firm shows excellent profitability in view of fixed cost reduction deriving from biz revenue expansion and improvement in cost structure. Firm has stable financial structure, thanks to low borrowings dependency and ample liquidity.
Firm is likely to maintain biz revenue growth trend with a sharp increase of exports to China and India which are new markets along with domestic market, stemming from boom in the auto and shipbuilding industries. Firm's profitability increase is expected, because of a plan to foster materials biz sector focused on high value added products including low heat inflation casting and abrasion resistant cast iron. Firm is projected to show smooth cash flows, based on ample liquidity and stable financial structure.
(date: 2007.06, unit : %)
Name Kwon Yeongryeol Kwon Yeongdu Kwon Yeongho
Portion 31.0 9.2 8.5
(unit : %)
Sales Metal Machine Tools 88.7 Cost Raw Materials
Casting 11.2 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 99.11 99.11 06. 3    -    -
Type LI RI BI
Amount 58.80  25.20  26.00  -      -