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Daewon Cable (006340)   STOCK
 
Address 134-7,OCHU-RI, GODEOK-MYEON, YESAN-GUN, CHUNGNAM
Home Page www.daewoncable.co.kr
Established 1969.11.29 Tel 041-339-3400
Listed 1988. 5. 4 IR 02-3406-3534
Common shares O/S 6,807,054 President Seo,Myeong Hwan
Preferred shares O/S 262,120 No.of Employees 261(2008. 3)
Firm's demand upbeat of optical cable and general cable for construction contributed to firm's sales and operating profit increase compared to the previous year. Firm's net profit slightly dwindled, due to increase of nonoperating expenses, such as loss on disposition of trade receivable and loss on foreign exchange. Though borrowings rose, because of raw material prices hike including copper, firm's financial stability is good in view of operation base and procurement ability for alternative fund.
Firm's sales increase and synergy effect are forecast, deriving from savings in processing and logistics cost, integration of export work and item diversification, stemming from combination with Daewon Special Cable. Firm's future performance improvement is forecast, thanks to demand upbeat of high value added products deriving from high speed information and communication network building and production output capability improvement stemming from facility expansion. Firm's export ratio is projected to go up with an effort to consolidate competitiveness in overseas markets and to acquire overseas certification for export market diversification.
(date: 2007.12, unit : %)
Name Kabdo Industrial Seo Myeonghwan Uthalden AS
Portion 26.3 19.0 6.9
(unit : %)
Sales Electricity Cable 46.5 Cost Raw Materials 91.1
Insulating Electric Wire 36.1 Labors 2.5
Bare Copper Wire 10.1 Overhead 6.2
(Unit : 100Mn.Won,Won)
Year ~97.12 99. 9 ~00.12 07. 1 ~07.12
Type CB RI CB MA CB
Amount 7.63  44.63  84.12  75.96  2.23