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Bookook Steel (026940)   STOCK
 
Address 738-1,ANCHEONG-DONG, GWANGSAN-GU, GWANGJU
Home Page www.bks.co.kr
Established 1976. 8.23 Tel 062-954-3800-4
Listed 2008.10.14 IR 062-950-7757
Common shares O/S 20,000,000 President Nam,Sang Gyu/Son,Il Ho
Preferred shares O/S No.of Employees 76(2009. 9)
Sales growth target over the preceding year was attained with raised material prices reflected on the selling price while direct sales to end-users increased under the economic recession. Net profit decreased with increased interest expenses while material prices were not fully reflected on selling prices due to slow demand. Solid financial stability is maintained with cash assets increased with proceeds from sale of financial instruments while trade payables and short-term borrowings were repaid.
Growth will be limited due to price competition with products from developing countries while demand is insufficient from construction, shipbuilding and car industries. Profit will hardly increase with invariable cost increased by limited sales while cost ratio improvement was limited by rising price of POSCO coil. Cash flow will be smooth with low debt dependence, decreased inventory and plus operating cash flow.
(date: 2009.06, unit : %)
Name Nam Sanggyu Nam Sango Hongikingan Samo Fund
Portion 23.9 17.6 9.2
(unit : %)
Sales Steel Plate, Etc. 82.8 Cost Raw Materials
Steel Pipe, Etc 12.0 Labors
Steel Plate,Section Shape Steel 3.9 Overhead
(Unit : 100Mn.Won,Won)
Year 08.10 08.10    -    -    -
Type LI SS
Amount 100.00  500.00