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Hyundai Cement (006390)   STOCK
 
Address SEONGWOO BLDG.,1424-2,SEOCHO 1-DONG, SEOCHO-GU, SEOUL
Home Page www.hdcement.co.kr
Established 1969.12.30 Tel 02-520-2114
Listed 1975.12.26 IR 02-520-2071
Common shares O/S 7,344,000 President Kim,Ho Il/Jeong,Mong Seon
Preferred shares O/S No.of Employees 962(2008. 3)
Sales increased over the preceding year with increased shipment of cement thanks to increased building permit area and stable growth of leisure business. Net loss is posted with non-operating income decreased by increase of interest expenses while operating loss increased greatly with rising material price and sales and admin expenses. Seven local producers occupy 80% or more of local market under a oligarchy as there is a very high entry barrier of heavy facility investment required at the beginning.
Sales will grow further with steady growth of leisure service industry thanks to longer leisure hours available under the five-day work week system while cement sales increased in connection with the government policy to increase housing supply. Profit growth will be limited with rising price of bituminous coal and fuel oil, pushing delivery cost. Strives to secure competitiveness of leisure service line by introducing additional resort and leisure facilities, developing products, strengthening publicity, and enhancing service level.
(date: 2007.12, unit : %)
Name Jeong Mongseon Korea Value Asset Management Sungwoo Automotive
Portion 27.6 5.3 3.2
(unit : %)
Sales Cement 84.6 Cost Raw Materials 41.1
Leisure 14.6 Labors 19.9
Overhead 38.8
(Unit : 100Mn.Won,Won)
Year 87.12 ~89.12 91.11 00. 1 00. 1
Type RI CB RI RI BI
Amount 18.70  0.11  42.39  126.00  61.20