Print
Daewoo Engineering & Constr. (047040)   STOCK
 
Address DAEWOO CENTER BLDG., 541,NAMDAEMUNNO 5-GA, JUNG-GU,SEOUL
Home Page www.dwconst.co.kr
Established 2000.11.30 Tel 02-2288-3114
Listed 2001. 3.23 IR
Common shares O/S 339,290,454 President Park,Chang Gyu/Park,Sam Gu
Preferred shares O/S No.of Employees 3,308(2007. 6)
Growth of overseas business led to a year-on-year increase of sales revenue, but mid-way termination of some projects increased the fixed cost burden, which in turn heightened the cost-income ratio of overseas business and decreased of overall operating profit. Decrease in recollection of bad-debt allowance and slight deterioration of non-operating balance resulted in a year-on-year decrease of ordinary and net profit in the first half of the year. Contents-based management and management stability following the incorporation into Kumho Asiana Group helped the company to maintain its position as the winner of largest orders for two consecutive years.
Cooperation with Kumho Industries and maximization of consequent synergy effect has allowed the company to participate in large-scale projects in both Korea and overseas to make future growth plausible. Without costless income from the disposition of Yangdong Building and Anjeong Plant and improvement of cost-income ratio in the GK Fixed Road Corporation, which is a private-sector SOC project, from the previous year, profit will show a downward trend. Increase in the significance of housing business, which bears a high profit margin in a long term, completion of the low-margin project in Philippines, and increase in the private-sector SOC revenue will improve the cost-income ratio.
(date: 2007.06, unit : %)
Name Kumho Ind. Mirae Asset Samo No.3 Investment Panji Adeca
Portion 18.5 6.8 5.6
(unit : %)
Sales Civil Engineering 20.5 Cost Raw Materials 28.5
Construction 9.4 Labors 7.0
Others 61.4 Overhead 64.4
(Unit : 100Mn.Won,Won)
Year 02. 8 03. 9 ~03.12 04. 1 ~04.12
Type RI RI CB RI CB
Amount 462.00  3.41  8,239.59  12.45  406.77