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Bluecord Technology Corp. (043610)   KOSDAQ
 
Address 13TH FL.,SAMSUNG IT VALLEY,197-5, GURO 3-DONG, SEOUL
Home Page www.muz.co.kr
Established 1991. 2. 7 Tel 02-3282-2600
Listed 2000. 7.20 IR
Common shares O/S 15,270,828 President Kim,Min Uk/Gang,Dae Seok
Preferred shares O/S No.of Employees 72(2007. 6)
Sales in the first half increased with contracts to provide MS Blog, Window Live Space and background music service to Hi-Mart. Operating loss decreased with active control of sales and admin expenses though sales expenses increased for music line. Provides customized background music to 3,500 franchise stores of GS Retail and E-Mart by developing a new niche revenue model of providing on- and off-line background music.
Paid digital music source market will grow rapidly as illegal music distribution will be fully banned when the Copyright Act is amended. Plans to augment music service line by acquiring as subsidiary Blue Cat engaged in production and sales of music disc and music video. Digital music and entertainment line will be main revenue source as semicon equipment production unit has been spun off.
(date: 2007.06, unit : %)
Name Kim Minuk
Portion 17.0
(unit : %)
Sales Music Goods 81.9 Cost Raw Materials
Music Service 17.6 Labors
Others 0.4 Overhead
(Unit : 100Mn.Won,Won)
Year ~04.12 ~05.12 06. 4 ~06.12 07. 1~
Type CB CB RI CB CB
Amount 6.82  6.63  9.00  4.20  9.74