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Asia Cement Co., Ltd. (002030)   STOCK
 
Address 14TH FL.,ASEA TOWER BLDG., 726, YEOKSAM 2-DONG, SEOUL
Home Page www.asiacement.co.kr
Established 1957. 4.27 Tel 02-527-6400
Listed 1974. 6. 3 IR 02-527-6582
Common shares O/S 4,738,929 President Kim,Dong Yeol/Lee,Byeong Mu
Preferred shares O/S No.of Employees 260(2008. 3)
Sales increased over the preceding year with increased building construction area and housing supply. Net profit increased sharply with non-operating income improved with less loss from equity investment revaluation though operating income decreased with rising material price and freight expenses. Superior financial structure is maintained with ample liquidity, 20% debt ratio and negligible borrowings.
Sales will grow with demand increasing as construction business is gradually recovering thanks to government policies for increased housing supply. Profit growth will be limited with rising price of bituminous coal and fuel oil, pushing delivery cost. Current financial stability will be maintained with lower than industry average debt ratio and borrowings while operating cash flow is solid.
(date: 2007.12, unit : %)
Name Lee Byeongmu MUNKYUNG EDUCATION FOUNDATION Lee Yunmu
Portion 13.9 5.0 3.5
(unit : %)
Sales Cement 65.8 Cost Raw Materials 46.1
Truck Mixer 27.8 Labors 8.5
House lease income 4.5 Overhead 45.3
(Unit : 100Mn.Won,Won)
Year 94. 3 ~96.12 ~97.12 ~99.12 04. 4
Type RI CB CB CB BI
Amount 20.00  10.53  8.50  0.01  17.90