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Bae Myung Metal Co.,Ltd (011800)   STOCK
 
Address 654-2,CHOJI-DONG, DANWON-GU, ANSAN-SI, GYEONGGI
Home Page www.baemyungmetal.co.kr
Established 1976.12.21 Tel 031-490-0300
Listed 1990. 7.14 IR 031-490-0325
Common shares O/S 66,177,017 President Choi,Seok Bae
Preferred shares O/S No.of Employees 57(2010. 6)
Sales increased over the preceding year same period with sales of newly launched titanium and raised selling prices under an alliance with subsidiary Baekcheol Metal. Operating income decreased from the preceding year same period with increased cost though fixed cost was reduced by growing sales. Net profit also decreased slightly. Solid financial structure is maintained with financial stability indexes improved with capital increase through rights issue
Business scale will grow with customers diversified and with alliance with subsidiaries for production and sales of titanium rods and shape steel products. Profitability will improve with high margin lines launched while fixed cost is reduced by growing sales. Shareholder value will grow as the company will explore markets for newly developed titanium by completing extension of production facilities.
(date: 2009.12, unit : %)
Name Choi Seokbae Kim Yeongja 0
Portion 14.9 5.0
(unit : %)
Sales Stainless seamless 23.4 Cost Raw Materials
Stainless Pipe,etc 23.1 Labors
Stainless channel,etc 20.0 Overhead
(Unit : 100Mn.Won,Won)
Year 09. 3 09. 4 ~09.12 10. 1~ 10. 1
Type RI RI CB CB RI
Amount 5.88  65.67  1.45  1.93  88.50