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Hyundai Cement (006390)   STOCK
 
Address SEONGWOO BLDG.,1424-2,SEOCHO 1-DONG, SEOCHO-GU,SEOUL
Home Page www.hdcement.co.kr
Established 1969.12.30 Tel 02-520-2114
Listed 1975.12.26 IR
Common shares O/S 7,344,000 President Kim,Ho Il/Jeong,Mong Seon
Preferred shares O/S No.of Employees 1,000(2007. 6)
Though sales slightly went down in the leisure sector, firm's year-on-year sales rose, thanks to gradual recovery in the construction industry and cement sales increase, deriving from increase in construction amount. Firm turned into deficit with great reduction of operating profit, due to increase in selling and distractive expenses including freight along with rise in the cost to sales ratio, and firm turned into red balance, because of deteriorated nonoperating balance. Cement industry is the device industry with huge initial facility investment, and entry barrier is high, in view of oligopolistic system in which 7 firms account for 80% in the market.
Firm's biz revenue growth is forecast, thanks to cement sales rise, deriving from recovery trend in construction industry and housing construction activation and leisure sector growth stemming from a five day work week system and leisure time increase. Though additional hike of unit cement prices, firm's profitability is likely to be slightly reduced, because of hike of bituminous coal prices and transportation expenses. Firm makes an effort to secure competitiveness thru facility improvement, new products development, marketing activity consolidation, service level improvement and cost savings effect in terms of leisure sector.
(date: 2007.06, unit : %)
Name Jeong Mongseon Sungwoo Automotive Jeong Jaeeun
Portion 27.6 3.2 1.5
(unit : %)
Sales Cement 82.9 Cost Raw Materials 37.0
Leisure 16.3 Labors 22.8
Others 0.7 Overhead 40.1
(Unit : 100Mn.Won,Won)
Year 87.12 ~89.12 91.11 00. 1 00. 1
Type RI CB RI RI BI
Amount 18.70  0.11  42.39  126.00  61.20