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Asia Paper Mfg. Co., Ltd. (002310)   STOCK
 
Address 9TH FL.,ASEA TOWER BLDG.,726,YEOKSAM 2-DONG,SEOUL
Home Page www.asiapaper.co.kr
Established 1958. 3. 7 Tel 02-538-4416
Listed 1988.12.15 IR
Common shares O/S 6,041,660 President Lee,Byeong Mu/Lee,Yun Mu
Preferred shares O/S No.of Employees 197(2007. 6)
Firm's sales rose on the same period last year, due to activation of agricultural and fishery products packaging and e-Commerce on the Internet. Firm's net profit rose with a sharp increase in operating profit, stemming from biz revenue expansion and declining cost to sales ratio, and firm's net profit rose, despite deterioration of nonoperating balance. Firm acquired Kumho Papertec (Currently Asia Papertec Inc) for liner market expansion and competitiveness consolidation in March 2006.
Firm's biz revenue is forecast to increase, in view of growth in the Internet shopping and homeshopping and continuous increase in demand, deriving from the popularization of agricultural products' packaging. Firm's profitability rise is forecast, due to product price rise, stemming from the rise of raw material prices, along with reorganization in the industry and restructuring centered on upper ranking firms in the corrugated cardboard industry. The corrugated cardboard industry is under the large scale trend and is under vertical integration; thus, market dominance is expected to be more solid.
(date: 2007.06, unit : %)
Name Asia Cement Co., Ltd. BOOGOOK REMICON Lee Yunmu
Portion 37.8 1.5 1.1
(unit : %)
Sales Corrugated Board 77.2 Cost Raw Materials 57.8
Kraft Paper 5.9 Labors 7.2
Others 16.8 Overhead 34.9
(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