ASIA PAPERTEC Inc (009380)   STOCK Address 1706,JEONGWANG 3-DONG, SIHEUNG-SI, GYEONGGI-DO Home Page www.asiapapertec.com Established 1973.11. 1 Tel 031-499-6366-8 Listed 1995. 8.18 IR Common shares O/S 7,346,807 President Park,Won Hui Preferred shares O/S 2,445,531 No.of Employees 110(2007. 6) Firm's year-on-year sales went up, owing to activation of e-Commerce on the Internet and demand increase in the agricultural products packaging sector. Firm turned into surplus, due to increase in operating profit, stemming from reduction in selling and administrative expenses, despite rise in cost to sales ratio, and due to reduction in nonoperating expenses. Firm was acquired by Asia Group in March 2006, and the firm changed its trade name from Kumho Papertec to Asia Papertec. Firm's biz revenue is forecast to increase, in view of growth in the Internet shopping and homeshopping and continuous increase in demand, deriving from the popularization of agricultural products' packaging. Firm's profitability rise is forecast, due to product price rise, stemming from the rise of raw material prices, along with reorganization in the industry and restructuring centered on upper ranking firms in the corrugated cardboard industry. Firm plans to consolidate market dominance capabilities in the corrugated cardboard industry and to secure competitive edge in cost. (date: 2007.06, unit : %) Name Asia Cement Co., Ltd. Asia Paper Mfg. Co.,Ltd. Portion 35.2 21.1 (unit : %) Sales Liner Paper 99.9 Cost Raw Materials 56.9 Goods 0.0 Labors 4.7 Overhead 38.3 (Unit : 100Mn.Won,Won) Year 99.12 03. 4 03. 4 04. 3 04. 3 Type CR CR RI CR RI Amount - 64.95  - 38.97  33.86  - 35.85  365.00