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GS Global Corp. (001250)   STOCK
 
Address SSANGYONG BLDG., 24-1, JEODONG 2-GA, JUNG-GU, SEOUL
Home Page www.ssytrade.co.kr
Established 1954. 7.31 Tel 02-2270-8114
Listed 1976. 6.26 IR 02-2270-8254
Common shares O/S 11,266,882 President Jeong,Taek Geun
Preferred shares O/S No.of Employees 133(2009. 9)
Firm was acquired by GS Group in May 2009, and the company name was changed into GS Global in July 2009. Although, sales fell, due to demand reduction and price decline in the steel and metal sector, stemming from economic slump, firm's year-on-year performance has been maintained, thanks to sales augmentation in the resources sector. Although, year-on-year operating profit ratio improved, due to lowered cost burden stemming from margin ratio improvement because of exchange rate rise, ordinary income ratio fell, owing to increase in nonoperating expenses including foreign exchange loss.
Biz revenue growth is forecast, in view of raw material price hike thru visualization of global economic recovery, and restructuring, and also expected gradual demand expansion stemming from inventory adjustment. Earnings base expansion is forecast, owing to export and import agency work for GS Group affiliated companies and trade volume increase deriving from overseas market penetration. Synergy effect is expected including constant growth footing thru strategic investor of GS Group beyond steel and metal trading-focused biz structure.
(date: 2009.06, unit : %)
Name GS Cho Gukpil Byeon Jinhak
Portion 69.5 2.8 0.3
(unit : %)
Sales Steel and metal 77.5 Cost Raw Materials
Resource materials 20.0 Labors
Others 2.4 Overhead
(Unit : 100Mn.Won,Won)
Year 06. 3 06.11 ~06.12 08. 8 09. 1~
Type CR CR CB SS CB
Amount - 1,209.14  - 291.28  74.61  2,500.00  14.68