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Daesung Industrial (005620)   STOCK
 
Address 155-2,GWANHUN-DONG, JONGNO-GU, SEOUL
Home Page www.daesung.co.kr
Established 1968. 7. 4 Tel 02-2170-2100
Listed 1976.12.28 IR 02-2170-2124
Common shares O/S 5,132,110 President Jeong,Gwang U/Kim,Young Dae
Preferred shares O/S No.of Employees 904(2008. 3)
Firm's sales rose, because of performance improvement in overseas biz sector and computer biz sector along with sales increase according to reinvigorated sales activation policy of the oil biz division. Firm's profit fell, due to selling expenses and ad expenses increase in relation to rise in cost of sales and Shindorim Decube biz. Firm has fund procurement ability in view of property the firm has, along with stability increase in cash flows from successful selling of commercial-residential buildings in Shindorim in the second half of 2007.
Firm's performance is likely to be sustained based on stable operating base in view of large scale petro-products distribution network and close operating relationships with GS Caltex. Firm's profitability is forecast to go up, because of operating profit worth KRW 40 billion annually thru commercial-residential building project (Decube City) in Shindorim. Though biz risk is higher with expansion of construction biz, firm is not likely to have specific risk in fund flows due to superior financial flexibility and inflows of APT sales money.
(date: 2007.12, unit : %)
Name Kim Yeongdae Kim Yeongju Yeo Gwiok
Portion 27.8 4.6 2.9
(unit : %)
Sales Petroleum 64.1 Cost Raw Materials
Construction 18.8 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year ~89.12 ~91.12 96. 6 96. 6 97. 8
Type CB CB RI BI MA
Amount 4.61  7.76  62.99  31.04  36.61