Sung Kwang Bend (014620)   KOSDAQ Address 1720,SONGJEONG-DONG, GANGSEO-GU, BUSAN Home Page www.skbend.com Established 1980. 2.23 Tel 051-3300-200 Listed 2001. 1.11 IR 051-330-0231 Common shares O/S 28,600,000 President An,Jae Il Preferred shares O/S No.of Employees 335(2009. 9) Sales increased over the preceding year with plant orders received from Middle East though domestic petrochemical plant sales was slow due to the economic recession and declining oil price. High profitability of 20% or higher is maintained though it degraded due to rising fixed cost and currency exchange rate. Cash flow is solid with solid operating cash flow, borrowings partly repaid, and funds raised for facility investment. Sales will increase with active export of industrial pipe fittings as new orders are received for Middle East plants and new projects are announced. High profitability is maintained with increase of new orders despite competition against newly entering vendors while Korean won currency becomes stronger. Equity investment will increase as subsidiary fitting producer Hwajin PF plans to enter KOSDAQ market while continuing growth. (date: 2009.06, unit : %) Name Ahn Jaeil Ahn Gabwon Mirae Asset Invst Portion 32.7 10.4 8.0 (unit : %) Sales Manufacturing Joint 100.0 Cost Raw Materials Labors Overhead (Unit : 100Mn.Won,Won) Year 01. 1    -    -    -    - Type LI -  -  -  -  Amount 143.00  -  -  -  -