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Seoul City Gas (017390)   STOCK
 
Address 281,YEOMCHANG-DONG, GANGSEO-GU,SEOUL
Home Page www.seoulgas.co.kr
Established 1983.11.28 Tel 02-810-8000
Listed 1995. 8.18 IR 02-3660-8059
Common shares O/S 5,000,000 President Bae,Gyeong Un/An,Byeong Il
Preferred shares O/S No.of Employees 640(2008. 9)
Amid stable biz stability, firm's year-on-year biz revenue grew, thanks to sales increase centered on household use. Though LNG raw material prices go up in association with international oil prices, firm's operating balance fell, in view of cost burden increase without reflection of the raw material price hike to the product prices. Firm maintains low borrowings compared to assets, and firm's financial elasticity is at good level in view of obtaining stable capital structure.
Firm's performance improvement is likely to be limited with high urban gas diffusion rate in the supply sphere. Firm maintains a certain level of earnings creation ability thru cost preservation type of earnings structure, and firms' operating balance improvement is expected thanks to increase in unit supply prices. Firm has good biz stability and is likely to maintain stable financial structure without plans on large scale facility investment for a while.
(date: 2008.06, unit : %)
Name Seoul City Development Daesung Global Network Kim Yeongmin
Portion 25.8 22.6 11.1
(unit : %)
Sales City Gas(L.N.G) 99.4 Cost Raw Materials
Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 95. 8 95. 8 96. 2    -    -
Type LI RI BI
Amount 185.09  79.33  85.58  -      -