Print
Hanjin Shipping (000700)   STOCK
 
Address 25-11,YEOEUIDO-DONG, SEOUL
Home Page www.hanjin.com
Established 1949.12.23 Tel 02-3770-6114
Listed 1956. 3. 3 IR 02-3770-6246
Common shares O/S 87,349,097 President Park,Jeong Won
Preferred shares O/S No.of Employees 1,501(2008. 3)
Firm's sales and operating profit rose, thanks to increase in freight income and supplementary income deriving from recovery of marine shipping biz. Firm's net profit showed a diminishing trend, due to the impacts of gain on disposition of assets and gain on valuation of investments using the equity method in the previous year, despite biz revenue expansion. Firm ensures competitiveness in the operation aspect, in view of firm's ensured regular cargo owners as the No.2 container ship company in the world based on shipping volume in the American line, as well as No.1 in Korea.
Firm's biz revenue expansion is expected to be consolidated with formation of conditions to raise freight and new service launching, deriving from supply reduction and expense increase in the American route. The firm plans to develop a container terminal in Algeciras in Spain, which is likely to become an opportunity to further consolidate overseas logistics stronghold. Firm's profitability increase is likely high, because of rapid increase of fuel expenses deriving from high oil prices, charter fee increase, and other various expenses hike such as transport fee and cargo discharge expense, despite increase in freight.
(date: 2007.12, unit : %)
Name WALLSEND HOLDINGS PVP V LABUAN Ltd. Mirae Asset investment
Portion 11.4 9.9 9.5
(unit : %)
Sales Container 81.3 Cost Raw Materials
Bulk 18.4 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year ~00.12 ~01.12 ~02.12 ~03.12 ~07.12
Type CB CB CB CB CB
Amount 123.52  23.34  211.19  1.75  394.94