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Daelim Trading (006570)   STOCK
 
Address DAELIM TRADING CO.,LTD. BLDG.,87-9,YEONHUI 3-DONG,SEOUL
Home Page www.dlt.co.kr
Established 1970. 4. 1 Tel 02-730-9811
Listed 1975.11. 8 IR
Common shares O/S 15,225,000 President Lee,Jae U/Lee,Jae Man
Preferred shares O/S No.of Employees 407(2007. 6)
Firm's year-on-year sales fell, due to poor sales in Bidet and construction materials sectors in the domestic market, though exports such as wash room equipment rose. Firm's operating profit diminished on the same period last year, owing to rise in cost to sales ratio deriving from raw material prices hike and increase in selling and administrative expenses. Though loss of KRW 1.16 billion was generated, due to production suspension in the Western ware line of Jooan factory, stemming from industrial restructuring, firm turned into surplus, thanks to transfer from bad debt reserve and gain on valuation of investments using the equity method.
Firm's performance is expected to improve, in view of popularization of Bidet deriving from living standards improvement, and demand expansion of wash room equipment differentiated from low price imports. Firm's profitability rise is forecast, because of sluggish price rising trend of raw material, brass, and reduced burden of selling and administrative expenses thru biz restructuring. Firm shows good financial structure overall with sustained positive cash flows from operating activities.
(date: 2007.06, unit : %)
Name D&D Partners Lee Jaeu Go Eunhui
Portion 36.8 31.4 9.5
(unit : %)
Sales Overhead Line Fittings 72.8 Cost Raw Materials
Vide 23.2 Labors
Others 3.8 Overhead
(Unit : 100Mn.Won,Won)
Year 02. 5 ~03.12 05.12 07. 7    -
Type SS CB RI CR
Amount 1,000.00  20.00  35.00  - 50.75  -