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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 062-950-1530
Common shares O/S 2,200,000 President Gwon,Yeong Du/Gwon,Yeong Ryeol
Preferred shares O/S No.of Employees 293(2009. 9)
Sales declined on slumping demand for CNC lathe and declined exports to Japan. Net profit declined due to increased fixed costs and declined non-operating income. Financial status remained stable on low debt and good cash flows.
Orders for machinery is expected to increase on increased spending by each countries on infrastructure. Profitability is expected to improve as it seeks to focus on high-priced products. Sales are expected to increase on increasing demand from U.S., European and Asian markets.
(date: 2009.06, unit : %)
Name Gweon Yeongryeol Gweon Yeongdu Shinyoung Invst Mng
Portion 31.0 9.2 7.7
(unit : %)
Sales Metal Machine Tools 93.0 Cost Raw Materials
Casting 6.9 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 99.11 99.11 06. 3    -    -
Type LI RI BI
Amount 58.80  25.20  26.00