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DongBu Steel Co., Ltd. (016380)   STOCK
 
Address 18TH FL.,DONGBU F.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 02-3450-8487
Common shares O/S 50,379,667 President Kim,Jun Gi/Han,Gwang Hui
Preferred shares O/S 2,565,350 No.of Employees 1,801(2009. 9)
Sales decreased from the preceding year as downstream car and consumer electronics makers reduce production due to the financial crisis that originated from USA. Operating loss is posted with rising unit processing cost as operation rate declined while sales cost increased as high-priced raw material inventory was exhausted. Liquidity and financial structure require improvement though plus operating cash flow is posted as trade receivables have been collected while inventory assets were exhausted.
Sales of cold-rolled steel sheet will increase as downstream car industry will release new models while consumer spending will recover. Profit increase only slightly with heavy interest expenses for increased borrowings though invariable expenses will be reduced by rising operation rate based on recovering demand while raw materials are self-sufficient. Construction hot-rolling mill at Asan Bay will contribute to profitability and hot-rolled steel sheet will become self-sufficient.
(date: 2009.06, unit : %)
Name DongBu Fine Chemical Dongbu Corp. Kim Namho
Portion 14.7 9.7 7.7
(unit : %)
Sales Cold Rolled coil 81.6 Cost Raw Materials
timber 5.7 Labors
Others 7.2 Overhead
(Unit : 100Mn.Won,Won)
Year ~03.12 ~05.12 ~08.12 09. 1~ 09.10
Type CB CB CB CB RI
Amount 41.01  187.79  54.05  0.82  1,100.00