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AUSTEM Co., Ltd. (031510)   KOSDAQ
 
Address 462-1,JANGSAN-RI, SUSIN-MYEON, CHEONAN-SI, CHUNGNAM
Home Page www.austem.co.kr
Established 1990. 3. 7 Tel 041-559-2500
Listed 1997. 2.12 IR
Common shares O/S 26,000,000 President Kim,Jung Woo
Preferred shares O/S No.of Employees 530(2007. 6)
As GM Daewoo's performances sharply rose, firm's sales concentrated on GM Daewoo and operating profit sharply rose. Firm's similar year-on-year profitability has been maintained due to decrease in fixed cost, deriving from biz revenue expansion, despite cost to sales rise. No specific danger is shown in fund flows, in view of relatively stable financial structure.
Stable sales are projected thru clients diversification including supply of sea parts to Kia Motor's New Carens and new order for Hyundai's BH. Sales increase is expected with increase in the number of vehicles at home and abroad of GM Daewoo as the firm was selected as a part supplier for the GM Delta 2 Project. Firm is forecast to have no problems in performance improvement and profitability rise, since GM salary negotiation was expected to be smooth and production line was normally operated.
(date: 2007.06, unit : %)
Name Kim Seongjung Kim Jeongu
Portion 14.2 12.3
(unit : %)
Sales CHASSIS parts 60.4 Cost Raw Materials 62.4
SEAT 32.5 Labors 15.2
STEEL WHEEL 5.7 Overhead 22.2
(Unit : 100Mn.Won,Won)
Year 97. 2 03. 2 05.12    -    -
Type LI SS RI
Amount 93.19  500.00  36.81  -      -