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Busan Industrial Co., Ltd. (011390)   STOCK
 
Address 953-3,GAMJEON 1-DONG, SASANG-GU, BUSAN
Home Page www.busanind.co.kr
Established 1976. 5.15 Tel 051-315-8331-9
Listed 1990. 9.14 IR
Common shares O/S 1,056,000 President Kim,Bu Gon
Preferred shares O/S No.of Employees 49(2007. 6)
Firm's year-on-year sales diminished, because of unit price decline, deriving from fierce competition among local Remicon companies. Firm's operating profit turned into red balance, due to increase in fixed cost, stemming from reduced biz revenue. Firm shows good stability indices, based on 10% of low debt to equity ratio and borrowings dependency.
Though demand increase is expected, deriving from construction biz recovery trend and housing construction activation, firm's biz revenue growth is likely limited slightly, owing to delay of product price rise. Firm's profitability improvement is forecast to be slightly difficult, due to rising trend of raw material prices, such as cement and aggregate, and fierce competition among suppliers for demand securing. Operating activities are limited, since products are produced and supplied by order from clients in view of Remicon industry, and entry barrier is low; therefore, quality can work as the most important competition factor.
(date: 2007.06, unit : %)
Name Kim Yeongil
Portion 51.7
(unit : %)
Sales Truck Mixer 100.0 Cost Raw Materials
Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 90. 9 90. 9 92. 7 94. 1 94. 2
Type LI RI BI BI RI
Amount 17.00  8.00  8.00  3.30  16.50