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BaikSan (035150)   STOCK
 
Address RM.201,1-NA,SIHWA INDUSTRIAL COMPLEX, 1234, SIHEUNG-SI
Home Page www.baiksan.co.kr
Established 1986.10. 6 Tel 031-499-0044-9
Listed 1999. 8.11 IR
Common shares O/S 24,200,000 President Kim,Sang Hwa
Preferred shares O/S No.of Employees 262(2007. 6)
The sales has decreased due to the worse business environment such as severe competition and export sales down caused by the exchange rate going down. The operatin profit has gone down due o the increased fixed expenses and the sales down. The net profit has turned into the red digit with the loss on equity method evaluation. The financial stability has gone down due to the increased debt ratio but it is maintained at the average level comparatively.
The sales recovery will be hard to get due to the exchange rate going down amid its securement of the stable clients such as Nike, Adiddas, Reebok. The sales will go up with the development of eco-friendly swade by utilizing resin amid its full scaled operation in non-pollution P.U artifical leather. The steady profit improvement will be possible due to the new product entering the market amid the factory in Vietnam being normalized in the second half.
(date: 2007.06, unit : %)
Name Kim Sanghwa Kim Miyeon Baesan
Portion 20.1 13.6 11.5
(unit : %)
Sales DRY GRAIN 50.4 Cost Raw Materials 61.7
NUBUK 25.8 Labors 12.9
Others 10.2 Overhead 25.3
(Unit : 100Mn.Won,Won)
Year 99. 8 00. 2    -    -    -
Type RI SS
Amount 42.00  500.00  -      -      -