ARTONE PAPER MFG Co., Ltd. (007190)   STOCK Address 150,NUEUP-DONG, OSAN-SI, GYEONGGI Home Page www.artonepaper.co.kr Established 1971. 3.25 Tel 031-370-7700 Listed 1974. 6.24 IR 02-6209-6293 Common shares O/S 14,030,481 President Seo,Jae U Preferred shares O/S 2,027,011 No.of Employees 568(2009. 9) Year-on-year sales dwindled, owing to consumption reduction of printing paper, deriving from economic downturn. Although operating profit improved, due to reduction of cost of sales burden, stemming from price decline of raw materials, net loss grew, because of increase in foreign exchange loss. Inferior financial structure continues, due to reduced equity capital ratio, deriving from net loss, and high debt ratio. Biz revenue is forecast to grow, because of demand expansion of printing paper deriving from economic recovery. Fixed cost burden fell, stemming from increase of delivery volume, and profitability is likely to go up thru joint purchase of raw materials with Hansol Paper. Consolidation of competitiveness is expected thru synergy effect in full swing deriving from collaboration with Hansol Paper along with paper type specialization by workplace. (date: 2009.06, unit : %) Name Hansol Paper Shinhan Bank Shinan Group Portion 46.6 14.2 7.5 (unit : %) Sales Coated Free Sheet Paper 97.5 Cost Raw Materials Goods and Raw Material 2.4 Labors Overhead (Unit : 100Mn.Won,Won) Year 04. 6 04. 6 09. 3 09. 7 09. 7 Type RI RI CR CR RI Amount 17.59  4.00  - 541.99  - 193.51  250.00