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Hansung Enterprise (003680)   STOCK
 
Address 5TH FL.,HANSUNG BLDG.,71,DAEGYODONG 1-GA, YEONGDO-GU, BUSAN
Home Page www.han-sung.co.kr
Established 1963. 3.14 Tel 051-410-7100
Listed 1989. 1.26 IR
Common shares O/S 5,175,239 President Im,U Geun/Park,Myeong
Preferred shares O/S No.of Employees 529(2007. 6)
Revenue rose on an expansion of market share, following a diversification of product line-up to processed meat, frozen and canned food. Operating profit ratio fell amid higher oil prices and price-cut competition on a fierce market competition. Hansung needs to improve its weakening financial structure, burdened from excessive debts and a debt-to-equity ratio that falls below an industry average.
Demand is expected to rise on quality improvement as Hansung met Hazard Analysis and Critical Control Points (HACCP) requirements. Profitability is forecast to rise after Hansung completed transferring its meat-ham processing line to Gimhae plant from Ansan plant, resulting reduction in raw material costs and higher production capacity. Hansung is required to improve its earnings as cash liquidity is flowing somewhat less readily on poor earnings at operating level.
(date: 2007.06, unit : %)
Name Lim Ugeun FIREBIRD GLOBAL MASTER FUND, L Lim Insuk
Portion 9.1 6.7 1.2
(unit : %)
Sales Crab Flavored, Etc 51.1 Cost Raw Materials 46.3
Russian Spawn Of A Pollack, Etc 37.1 Labors 8.1
Tuna, Etc 10.7 Overhead 45.5
(Unit : 100Mn.Won,Won)
Year ~00.12 ~01.12 ~02.12 ~04.12 ~05.12
Type CB CB CB CB CB
Amount 19.28  28.51  13.18  5.05  18.80