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Hanil Iron & Steel (002220)   STOCK
 
Address 57-8,CHUNGMURO 3-GA, JUNG-GU, SEOUL
Home Page www.hanilsteel.co.kr
Established 1957.12. 5 Tel 02-2267-6161
Listed 1988.10. 7 IR 02-2273-2144
Common shares O/S 2,040,000 President Eom,Jeong Heon
Preferred shares O/S No.of Employees 104(2008. 3)
Sales increased slightly over the preceding year with selling prices raised thanks to rising steel price in world market, steady demand from downstream construction and automotive industries, and full operation of Pyeongtaek mill. Net loss was posted with excessive competition in steel market while price increase margin of steel sheet and shapes did not meet the price hike of raw materials. Borrowings increased to complement operating fund shortage as minus operating cash flow was posted with increased trade receivables and inventory assets.
Sales will increase with increased domestic sales as Chinese imports will be reduced while steady demand is expected from downstream construction and automotive industries. Profit will increase with fixed expenses reduced and productivity enhanced though cost ratio will rise because the international market material price sharply increases. Has acquired shares and equity instruments of Hanil Shipping Co., Ltd. in order to diversify business and to win dividend.
(date: 2007.12, unit : %)
Name POSCO Eom Chunbo Hana Bank(Value Asset Management)
Portion 10.1 10.1 9.9
(unit : %)
Sales Section Shape Steel, Etc. 47.5 Cost Raw Materials
Bar Steel 47.3 Labors
Income From The Processing For The Trade 5.0 Overhead
(Unit : 100Mn.Won,Won)
Year 99. 4 99. 5 00. 4 03. 2 03.10
Type SD BI SD CR BI
Amount 6.74  47.90  10.84  - 61.82  9.27