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Seoul City Gas Co.,Ltd. (017390)   STOCK
 
Address 281,YEOMCHANG-DONG, GANGSEO-GU, SEOUL
Home Page www.seoulgas.co.kr
Established 1983.11.28 Tel 02-810-8000
Listed 1995. 8.18 IR 02-3660-8059
Common shares O/S 5,000,000 President Bae,Gyeong Un/An,Byeong Il
Preferred shares O/S No.of Employees 663(2009. 9)
Year-on-year sales rose, despite revenue decline from resources development, arising from urban gas wholesale price hike and sales volume reduction. Net profit ratio fell, due to increase in loss on valuation of investments using the equity method, and operating profit ratio also slightly fell, because of added burden of selling and administrative expense burden. Financial structure is stable, owing to low debt ratio and ample liquidity.
Biz revenue growth is forecast to continue, thanks to demand upbeat deriving from supply area expansion and economic recovery sign. Sold profitability is expected to be generated in view of forecast gain on valuation of investments using the equity method stemming from performance improvement of a subsidiary, Continental Automotive. Amid ample cash assets, firm's working capital procurement is likely easy, due to cash flows from operating activities.
(date: 2009.06, unit : %)
Name Seoul City Development Daegu City Gas Kim Yeongmin
Portion 25.8 22.6 11.1
(unit : %)
Sales City Gas(L.N.G) 99.5 Cost Raw Materials
Piping Materials And Equipments 0.0 Labors
Others 0.4 Overhead
(Unit : 100Mn.Won,Won)
Year 95. 8 95. 8 96. 2    -    -
Type LI RI BI
Amount 185.09  79.33  85.58