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Dong Bu Steel Co., Ltd. (016380)   STOCK
 
Address 18TH FL.,DONGBU FIN.CENTER, 891-10, DAECHI 4-DONG, SEOUL
Home Page www.dongbusteel.co.kr
Established 1982.10.27 Tel 02-3450-8114
Listed 1986. 2. 3 IR 02-3450-8276
Common shares O/S 28,363,190 President Kim,Jun Gi/Lee,Su Il
Preferred shares O/S 2,565,350 No.of Employees 1,575(2008. 3)
Sales increased over the preceding year with oil pipe sales increased thanks to rising oil price though competition is intense with excessive supply of cold-rolled steel sheet. Operating loss decreased with reduced sales and admin expenses while sales cost ratio is reduced by increased sales. Net profit is posted with non-operating income increased as operating loss decreased while gains increased from sale of investment shares and currency translation.
Sales will grow further with demand growing in downstream automotive and shipbuilding industries while CR coil price is raised because of rising world steel prices. Profit growth will be limited with expenses increasing with borrowings for investment in electric furnace though HR price hike has been attributed to product selling prices. Profit structure will improve as materials will be produced in house with 2.5 million ton electric furnace being installed to produce HR coil.
(date: 2007.12, unit : %)
Name Dongbu Fine Chem. The Korea Development Bank Dongbu Corp.
Portion 14.6 10.9 10.1
(unit : %)
Sales Heavy Machinery 82.7 Cost Raw Materials
Bar in Coil 7.1 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 99. 6 ~99.12 ~03.12 ~05.12 08. 1~
Type RI CB CB CB CB
Amount 531.76  200.05  41.01  187.79  0.20