Print
Borneo International Furniture (004740)   STOCK
 
Address 246-1,GOJAN-DONG, NAMDONG-GU, INCHEON
Home Page www.bif.co.kr
Established 1966. 9. 3 Tel 032-420-8809
Listed 1988. 9.22 IR 032-420-8593
Common shares O/S 9,613,891 President Jeong,Bok Gyun
Preferred shares O/S No.of Employees 256(2008. 3)
Stable sales have been realized, as delivery of goods to construction companies rose and large orders increases from domestic and foreign clients for OA biz sector. Firm's operating profit turned into surplus, due to savings of fixed cost and firm's net profit also turned into surplus with collection of non-performing bonds and investment assets. Cash flows from operating activities are good and liquidity ratio is appropriate; firm shows stable financial structure.
Firm's sales are expected to improve, due to sales increase in luxury products deriving from domestic economic recovery, continuous order winning activities for export diversification and sales improvement arising from furniture demand in the Middle East. Firm's profitability is forecast to be consolidated by enhancing price competitiveness thru cost savings via thorough expenses Mgt. Firm's biz revenue expansion is expected thru investments for advance bases abroad and gradual expansion of small article furniture market and interior market.
(date: 2007.12, unit : %)
Name Jeong Hansu Jeong Bokgyun Kusung Industrial Construction
Portion 16.3 12.4 5.3
(unit : %)
Sales For APT 39.2 Cost Raw Materials
Office Furniture 29.2 Labors
Home Furniture 27.6 Overhead
(Unit : 100Mn.Won,Won)
Year 90.12 91. 4 01. 9 01.10 ~07.12
Type RI SD CR RI CB
Amount 46.52  9.46  - 230.86  415.98  7.00