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ACE TECHNOLOGIES Corp. (032930)   KOSDAQ
 
Address 727-5,GOJAN-DONG, INCHEON
Home Page www.aceteq.co.kr
Established 1980. 7. 1 Tel 032-818-5500
Listed 1997. 7.14 IR
Common shares O/S 12,000,000 President Gu,Gwan Yeong/Seo,Tae Won
Preferred shares O/S No.of Employees 290(2007. 6)
Poor performance was posted even when we consider sales of antenna line spun off because of decreased sales to main customers Ericsson and KTF. Operating loss was posted with cost increased by poor performance. Net profit was posted with non-operating income increased by increased gains from equity investment. Financial structure improved with borrowings repaid and capital decrease loss replenished while stable operating cash flow is maintained.
Sales growth will be limited as personnel and physical facilities of repeater line was transferred to Ace Antenna in order to concentrate resources on RF line. Profit will increase by specializing in RF line. Solid financial structure will be maintained with solid operating cash flow and liquidity.
(date: 2007.06, unit : %)
Name Gu Gwanyeong KNY Partners Seong Myeonghui
Portion 23.4 8.0 6.7
(unit : %)
Sales RF Parts 91.7 Cost Raw Materials 60.7
Repeater 8.3 Labors 1.0
Overhead 29.2
(Unit : 100Mn.Won,Won)
Year ~99.12 99.12 00. 5 06. 3 06. 6
Type CB RI SS CR BI
Amount 3.29  7.00  500.00  - 12.50  25.17