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Bae Myung Metal (011800)   STOCK
 
Address 654-2,CHOJI-DONG, DANWON-GU, ANSAN-SI, GYEONGGI-DO
Home Page www.baemyungmetal.co.kr
Established 1976.12.21 Tel 031-490-0300
Listed 1990. 7.14 IR
Common shares O/S 33,300,000 President Choe,Seok Bae
Preferred shares O/S No.of Employees 63(2007. 6)
Sales increased over the preceding year same period with increased sales of high value items to differentiate from imports. Operating income increased over the preceding year same period with cost reduced by increased sales though sales and admin expenses of depreciation increased for facility extension. Rights issue of 11.3 million shares (500 won par) to raise operational funds.
Growth will continue with growing sales and rising prices of stainless steel products thanks to active growth of downstream industries in the latter half. Profit will increase as steel prices will rise as oversupply situation is eased by Chinese control on export though raw material nickel price hike will slow down. Overall financial structure is stable while cash slow is solid with decreasing trade receivables and increasing trade payables.
(date: 2007.06, unit : %)
Name Choi Seokbae Kim Yeongja
Portion 29.9 10.8
(unit : %)
Sales stainlesssteel Panel 56.3 Cost Raw Materials
stainless Bar 18.0 Labors
stainless seamless 15.7 Overhead
(Unit : 100Mn.Won,Won)
Year 91. 8 94. 2 99.12 00. 1 07. 9
Type BI RI RI SS RI
Amount 6.00  19.00  25.00  500.00  56.50