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Chin Hung International Inc. (002780)   STOCK
 
Address RM.402,2B-3L,,GEUMGOK-DONG, SEO-GU, INCHEON
Home Page www.chinhung.co.kr
Established 1959. 9. 3 Tel 032-566-0576
Listed 1977. 6.25 IR 02-772-1285
Common shares O/S 285,594,011 President Kim,Yong Jin
Preferred shares O/S 14,200,000 No.of Employees 483(2009. 9)
Year-on-year sales have been maintained, despite sales reduction in the building construction sector, because of earnings increase in the public works sector. Operating profit increase and operating profit ratio have risen, thanks to decline of cost to sales ratio and savings in selling and administrative expenses. Net profit turned into deficit, owing to loss on reduction of inventories, and other expense on bad debt expense, despite expansion of operating profit size.
Biz revenue growth is expected, thanks to order winning of Yongin APT construction, along with Arabian ship route ordered by Korea Water Resources Corporation, and DMC Tower construction. Operating profit is projected to continue thru continual expense control. Difficulty is likely in securing working capital, in view of high debt ratio, amid lowered cash flows from operating activities.
(date: 2009.06, unit : %)
Name Hyosung Corp.
Portion 23.9
(unit : %)
Sales Construction 72.2 Cost Raw Materials
Civil Eng.Contracted Constr. 27.7 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 06.12 06.12 07.11 08. 2 09. 4
Type RI RI RI RI RI
Amount 35.00  76.45  90.00  296.99  750.00