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Cho Kwang Leather (004700) |
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STOCK |
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| Address |
2B,IND.COM.,CHOKWANG LEATHER CO.,SONGJEONG-DONG, CHEONGJU-SI |
| Home Page |
www.chokwang.co.kr
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| Established |
1966. 8.13 |
Tel |
043-270-5311-3 |
| Listed |
1977. 5.10 |
IR |
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| Common shares O/S |
6,649,138 |
President |
Ji,Gil Sun |
| Preferred shares O/S |
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No.of Employees |
349(2007. 6) |
| Firm handles only cow hide and produces raw hide for handbags, knives and car seats. Despite the increase of exports, firm's year-on-year sales slipped, owing to poor domestic sales. Firm's net profit went down, due to declined nonoperating income, while firm's operating profit sharply slipped, deriving from biz revenue reduction and cost rise. |
| Firm has various clients and current level of biz revenue is likely to be sustained, based on high value added products production and market status in the industry. Firm depends on imports for raw hide, which is raw material, and it affects firm's profitability, but firm's cost burden is forecast to be unavoidable, in view of rising raw hide prices. fabric, which affects firm's profitability, and firm's cost burden is forecast to be unavoidable with rising raw fabric price hike in 2007. Firm makes an effort to enhance profitability thru discovery of new businesses and high value-added products production. |
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(date: 2007.06, unit : %) |
| Name |
Ji Gilsun |
Lee Yeonseok |
Lee Hongseok |
| Portion |
9.6 |
6.0 |
4.8 |
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(unit : %) |
| Sales |
Fabrics |
95.5 |
Cost |
Raw Materials |
71.5 |
| Byproduct |
3.8 |
Labors |
11.1 |
| Others |
0.6 |
Overhead |
17.3 |
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(Unit : 100Mn.Won,Won) |
| Year |
99.11 |
99.11 |
00. 4 |
04.10 |
- |
| Type |
RI |
BI |
SD |
MA |
- |
| Amount |
73.77 |
66.39 |
11.51 |
38.13 |
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