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Dae Dong Ind. (000490)   STOCK
 
Address 1-12,BUK 1-RI, NONGONG-EUP, DALSEONG-GUN, DAEGU
Home Page www.daedong.co.kr
Established 1947. 5.20 Tel 053-610-3000
Listed 1975. 6.27 IR 02-3470-7342
Common shares O/S 4,745,642 President Kim,Jun Sik/Lee,Uk
Preferred shares O/S No.of Employees 799(2008. 3)
Firm's biz revenue is remarkable thanks to domestic demand recovery based on alternative demand for agricultural machinery and order winning in the fashion of OEM from U.S. Bobcat's tractors. Firm turned into deficit, due to increases of nonoperating expenses including loss on foreign currency transactions and loss on foreign exchange deriving from deteriorated exchange rate, and increase in loss on valuation of investments using the equity method. Firm's financial stability has been reduced slightly, because of borrowings arising from large scale facility investment such as engine assembly line and processing line.
Firm's profitability recovery is expected according to future sales expansion thru OEM supply agreement for tractors with U.S. Bobcat. Firm's biz revenue growth is expected thru development overseas markets including China based on a subsidiary in China. Firm is forecast to expand the base as a firm specializing in engines thru development of multiple cylinder engine via technological alliance, exhaust control and small and medium sized tractors.
(date: 2007.12, unit : %)
Name Kim Junsik Dae Dong Ind. Kim Sangsu
Portion 20.3 12.6 6.0
(unit : %)
Sales Tractor 53.4 Cost Raw Materials
Combine 14.1 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year ~90.12 ~91.12 93.12 93.12 99. 1
Type CB CB RI BI BI
Amount 1.88  0.75  25.90  19.85  18.84