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Chin Hung International Inc. (002780)   STOCK
 
Address RM.402,2B-3L,,GEUMGOK-DONG, SEO-GU, INCHEON
Home Page www.chinhung.co.kr
Established 1959. 9. 3 Tel 032-566-0576
Listed 1977. 6.25 IR
Common shares O/S 58,196,007 President Jeon,Hong Gyu
Preferred shares O/S 14,200,000 No.of Employees 384(2007. 6)
Even though revenue from internal business has decreased, the company realized a significant exterior expansion based on a revenue increase from domestic undertaking business. Operating profit saw a year-on-year drop due to a rise in cost-revenue ratio, and ordinary profit ratio, too, fell without a security disposition gain like in the previous year. Significant increase of inventory and uncollected dues led to a deteriorated operating cash flow.
Profit growth can be anticipated as the company shifts its focus on order bidding from general size for the sake of an exterior growth to profitability. In a medium-to-long term, the prospect for exterior growth remains positive as the company opens new business teams to lay the groundwork for making an overseas market entry. A steady stream of government-funded orders will allow the company to maintain its revenue stable, though without a considerable increase.
(date: 2007.06, unit : %)
Name Jin Geonhyeop Chin Hung F&D Lime Development
Portion 8.0 8.0 7.4
(unit : %)
Sales Contracted Construction 80.0 Cost Raw Materials 24.5
Civil Engineeringconstruction 19.2 Labors 3.7
Its Own Construction 0.7 Overhead 71.6
(Unit : 100Mn.Won,Won)
Year 02. 8 ~05.12 ~06.12 06.12 06.12
Type RI CB CB RI RI
Amount 83.51  8.52  17.92  35.00  76.45