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Hyundai Engineering & Constr. (000720)   STOCK
 
Address HYUNDAI CONSTRUCTION BLDG., 140-2, GYE-DONG, JONGNO-GU,SEOUL
Home Page www.hdec.co.kr
Established 1950. 1.10 Tel 02-746-1114
Listed 1984.12.22 IR 02-746-3668
Common shares O/S 110,973,730 President Lee,Jong Su
Preferred shares O/S 98,856 No.of Employees 3,669(2008. 3)
Though firm's sales rose thru orders and joint orders from Hynix and Hyundai Heavy Industries' affiliates, firm's operating profit fell, because of rising cost to sales ratio. Firm's ordinary income rose, thanks to increase in gain on valuation of investments using the equity method of subsidiaries and transfer from reserve for possible loan losses from some domestic construction sites, firm's net profit fell, due to reduction in deferred income tax assets. New orders were KRW 11.7711 trillion in 2007, up 27% compared to the previous year, which was derived from upturn from abroad and engineering works.
Firm's sales upbeat is expected, in view of overseas order increase according to power generation market, full swing construction of Taean Corporate City and reconstruction and redevelopment activation deriving from housing market. As UAE Jebel Ali thermal compound power plant will be completed in April 2008, which was the cause of cost to sales ratio increase overseas in the previous year, firm's gross profit ratio is likely to be recovered. As an M&A-target corporation, the firms wishing to acquire Hyundai Engineering & Construction will have high synergy effect in case of acquisition; it will be the long-term growth base, since the firm has ample cash.
(date: 2007.12, unit : %)
Name The Korea Development Bank Woori Bank Korea Exchange Bank
Portion 14.6 14.3 12.4
(unit : %)
Sales Construction 43.0 Cost Raw Materials
Civil Engineering 26.7 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 05.11 06.11 ~06.12 ~07.12 08. 1~
Type RI RI CB CB CB
Amount 5.23  59.95  5.23  10.85  2.78