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Asia Paper Mfg. Co., Ltd. (002310)   STOCK
 
Address 9TH FL.,ASEA TOWER BLDG.,726,YEOKSAM 2-DONG, SEOUL
Home Page www.asiapaper.co.kr
Established 1958. 3. 7 Tel 02-538-4416
Listed 1988.12.15 IR 043-270-7591
Common shares O/S 6,041,660 President Lee,Byeong Mu/Lee,Yun Mu
Preferred shares O/S No.of Employees 197(2008. 3)
Firm's sales rose compared to last year, owing to demand and unit prices increases deriving from agricultural products packing and activation of e-Commerce on the Internet. Though firm's operating profit slightly rose, due to biz revenue expansion, despite cost to sales ratio expansion, firm's net profit dwindled, because of reduction in gain on valuation of investments using the equity method. As the corrugated cardboard box industry has been restructured centering on large scale firms, raw paper corrugated cardboard firms' market dominance has become more solid.
Firm's biz revenue is expected to grow, thanks to increase of agricultural products packing distribution, Internet shopping, growth of home shopping market and digital TV shipment. As strong waste paper prices are expected for a while, cost burden is expected to be unavoidable. Corrugated cardboard box industry's continual restructuring leads to large scale firms and vertical integration is expected from raw paper of corrugated cardboard boxes to corrugated cardboard boxes.
(date: 2007.12, unit : %)
Name Asia Cement Co., Ltd. BOOGOOK REMICON Lee Yunmu
Portion 37.8 1.5 1.1
(unit : %)
Sales Corrugated Board 77.8 Cost Raw Materials
Kraft Paper 5.2 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 88.12 95. 3 95. 9 96.11 ~99.12
Type RI RI BI RI CB
Amount 30.00  40.00  15.00  70.00  82.08