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Seoul City Gas (017390) |
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STOCK |
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| Address |
281,YEOMCHANG-DONG, GANGSEO-GU,SEOUL |
| Home Page |
www.seoulgas.co.kr
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| Established |
1983.11.28 |
Tel |
02-810-8000 |
| Listed |
1995. 8.18 |
IR |
|
| Common shares O/S |
5,000,000 |
President |
Bae,Gyeong Un/An,Byeong Il |
| Preferred shares O/S |
|
No.of Employees |
608(2007. 6) |
| Sales slightly diminished, and firm's operating profit fell as well, due to raw material price hike, despite supply price hike in Seoul area. Firm's profit before tax and net profit sharply slipped, due to the impact of gain on valuation of investments using the equity method in the same period last year. Though the firm shows stable sales with monopoly supply in the concerned areas, firm's growth is stagnant with high gas supply ratio of 95% in Seoul areas. |
| Firm's net profit is forecast to grow, thanks to increase in gain on valuation of investments using the equity method, stemming from net profit rise of Siment Automotive. Firm's growth is expected, as the firm has been entering into 15 overseas resources development sites, such as Libya and Vietnam. Though stable growth is possible, due to exclusive gas supply in the concerned areas, growth in Seoul areas is stagnant, because of high gas supply ratio in Seoul; the growth in gas sector is likely to be limited. |
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  |
(date: 2007.06, unit : %) |
| Name |
Seoul City Development |
Daesung Global Network |
Kim Yeongmin |
| Portion |
25.8 |
22.6 |
11.1 |
|
 |
(unit : %) |
| Sales |
City Gas(L.N.G) |
99.5 |
Cost |
Raw Materials |
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| Others |
0.4 |
Labors |
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Overhead |
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 |
(Unit : 100Mn.Won,Won) |
| Year |
95. 8 |
95. 8 |
96. 2 |
- |
- |
| Type |
LI |
RI |
BI |
- |
- |
| Amount |
185.09 |
79.33 |
85.58 |
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- |
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