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Asia Paper Mfg. Co., Ltd. (002310)   STOCK
 
Address 9TH FL.,ASEA TOWER BLDG.,726,YEOKSAM 2-DONG,GANGNAM-GU,SEOUL
Home Page www.asiapaper.co.kr
Established 1958. 3. 7 Tel 043-270-7800
Listed 1988.12.15 IR 043-270-7581
Common shares O/S 6,041,660 President Lee,Byeong Mu/Lee,Yun Mu/Lee,Jae Hong
Preferred shares O/S No.of Employees 184(2010. 6)
Firm's biz revenue grew, because of sales increase on the same period last year, in view of product price hike reflecting raw material price increase along with demand increase, deriving from economic recovery. Firm's operating and net profit ratio fell, due to cost burden expansion, arising from raw material prices, such as waste paper and pulp prices increase. Good financial stability indicators improved and maintained good level, due to equity capital expansion, deriving from gain on revaluation of assets and the equity method-applied capital change.
Biz revenue growth is forecast, due to increase in product prices along with solid growth in the door-to-door delivery industry, stemming from activation of online shopping mall. Profitability improvement is forecast thru cost saving in the case of waste paper and pulp prices' stabilization in the second half thru consolidation of pricing capacity, deriving from vertical integrating of the corrugated cardboard industry. The corrugated cardboard market that became oligopolistic with five companies appears to stably grow with secured price decision capacity thru relieved oversupply, deriving from restructuring.
(date: 2009.12, unit : %)
Name Asia Cement Co., Ltd. BOOGOOK REMICON Lee Yunmu
Portion 37.8 1.5 1.1
(unit : %)
Sales Corrugated Board Paper 84.0 Cost Raw Materials
Craft paper 2.3 Labors
Others 13.6 Overhead
(Unit : 100Mn.Won,Won)
Year 88.12 95. 3 95. 9 96.11 ~99.12
Type RI RI BI RI CB
Amount 30.00  40.00  15.00  70.00  82.08