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HISTEEL (071090)   STOCK
 
Address 89B-4L,673-3,GOJAN-DONG, INCHEON
Home Page www.histeel.co.kr
Established 2003. 1. 1 Tel 032-815-6386
Listed 2003. 2.17 IR
Common shares O/S 1,359,944 President Eom,Jeong Geun
Preferred shares O/S No.of Employees 96(2007. 6)
Sales increased over the preceding year same period with steady demand from downstream industries of automobile, shipbuilding, machinery and construction while sales of high value items increased in America. Operating income decreased from the preceding year same period as cost increased with rising material prices though sales and admin expenses decreased. Short-term borrowing increased as minus operating cash flow was posted with increased trade receivables and inventory assets.
Sales of steel pipe will increase with increasing demand in America and growth of shipbuilding and automobile industries. Profit will hardly increase as export margin decreased with currency revalued while unit price can hardly be raised because of severe competition. Loss from equity share evaluation will decreased as business performance of Hanil Steel and joint venture Kangeum Hanil Steel Ltd. will improve.
(date: 2007.06, unit : %)
Name HANIL IRON & STEEL Posco Eom Chunbo
Portion 16.9 9.9 9.9
(unit : %)
Sales Steel Pipe,Etc 100.0 Cost Raw Materials 90.7
Labors 3.8
Overhead 5.4
(Unit : 100Mn.Won,Won)
Year 03. 2 05. 4    -    -    -
Type LI SD
Amount 61.82  6.18  -      -      -