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Asia Cement Co., Ltd. (002030)   STOCK
 
Address 14TH FL., 726, YEOKSAM 2-DONG, GANGNAM-GU, SEOUL
Home Page www.asiacement.co.kr
Established 1957. 4.27 Tel 02-527-6400
Listed 1974. 6. 3 IR 02-527-6582
Common shares O/S 4,738,929 President Lee,Byeong Mu/Lee,Yun Mu/Go,Gyu Hwan
Preferred shares O/S No.of Employees 475(2010. 6)
Sales decreased from the preceding year same period with poor sales and declining price of main product cement. Profit decreased equity investment gains and underlying effect of temporary gains from negotiable instruments sale in the preceding year same period while operating loss increased with rising material prices and market competition. Smooth cash flow is posted with improving operating cash flow while financial stability is superior with abundant cash assets.
Sales will hardly increase as demand recovery for cement and ready mix concrete will be delayed by prolonging construction business recession. Material bituminous coal is purchased at spot price instead of long-term contract. Cost will increase when the spot market price may possibly rise in the latter half. Steadily rising won currency value is affirmative to profitability improvement as it can offset rising material bituminous coal price.
(date: 2009.12, unit : %)
Name Lee Byeongmu Korea Value Asset Mgmt MUNKYUNG EDUCATION FOUNDATION
Portion 13.9 7.9 5.0
(unit : %)
Sales Cement 65.8 Cost Raw Materials
Truck Mixer 28.8 Labors
House lease income 5.3 Overhead
(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