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Sun Kwang Co., Ltd. (003100)   KOSDAQ
 
Address 34-2,HANG-DONG 7-GA, JUNG-GU, INCHEON
Home Page www.sun-kwang.co.kr
Established 1961. 1.25 Tel 032-880-6500
Listed 1999.12.21 IR 032-880-6563
Common shares O/S 6,600,000 President Sim,Chung Sik
Preferred shares O/S No.of Employees 351(2008. 3)
Overall growth trend has been shown, thanks to sales increase in the stevedoring sector, despite sales reduction in the marine sector. Firm's earnings ratio rose sharply compared to the previous year, because of soaring nonoperating income including dividend income along with decline in cost to sales ratio and selling and administrative expenses. Firm operates harbor stevedoring work centered on Incheon Port based on No.1 market share in the firm's major biz sectors.
Even growth in the overall biz sectors is expected, due to sales in the marine sector being recovered, thanks to government's property policy relief. Sales expansion deriving from trading volume increase in Incheon Port is likely to be connected to ensured earnings and firm's nonoperating income is likely to go up stemming from rising asset value in Incheon Songdo. Though cash flows have improved, due to increase of short-term borrowings (KRW 10 billon), firm is needed to improve its financial structure.
(date: 2007.12, unit : %)
Name Sim Jangsik Sim Chungsik Donghwa Construction
Portion 16.3 13.3 4.3
(unit : %)
Sales Stevedoring Services 83.1 Cost Raw Materials
Maritime Services 15.6 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 99.12 02. 9    -    -    -
Type LI SS
Amount 66.00  1,000.00