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Asia Cement Co., Ltd. (002030)   STOCK
 
Address 14TH FL.,ASEA TOWER BLDG., 726, YEOKSAM 2-DONG,SEOUL
Home Page www.asiacement.co.kr
Established 1957. 4.27 Tel 02-527-6400
Listed 1974. 6. 3 IR
Common shares O/S 4,738,929 President Kim,Dong Yeol/Lee,Byeong Mu
Preferred shares O/S No.of Employees 466(2007. 6)
Firm's year-on-year sales rose, boosted by gradual recovery of construction biz and sales increase thru government's housing supply policy. Firm's operating profit fell, because of rise in cost to sales ratio and increase of selling and administrative expenses including freight, and firm's nonoperating profit dropped; firm's net profit slipped. Excellent stability indices are maintained in view of high liquidity, low debt to equity ratio and borrowings dependency.
Firm's biz revenue growth is expected, arising from recovery trend in the construction industry and activation of housing biz. Though additional rise of unit cement prices is expected, firm's profitability increase is likely to be slightly limited, owing to increase of bituminous coal prices and burden for transportation expenses. Firm is projected to maintain current level of stable financial structure, based on excellent stability indices along with good cash flows from operating activities.
(date: 2007.06, unit : %)
Name Lee Byeongmu MUNKYUNG EDUCATION FOUNDATION Lee Yunmu
Portion 13.9 5.0 3.5
(unit : %)
Sales Cement 66.0 Cost Raw Materials 43.0
Truck Mixer 27.4 Labors 9.5
Others 3.4 Overhead 47.3
(Unit : 100Mn.Won,Won)
Year 94. 3 ~96.12 ~97.12 ~99.12 04. 4
Type RI CB CB CB BI
Amount 20.00  10.53  8.50  0.01  17.90