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AIKANG Co., Ltd. (022220)   KOSDAQ
 
Address 151-1,WOLLANG-RI, EUMBONG-MYEON, ASAN-SI, CHUNGNAM
Home Page www.aikang.co.kr
Established 1990. 1.22 Tel 041-544-6711
Listed 2006. 4.11 IR 02-2040-3911
Common shares O/S 19,559,770 President Yang,Chan Mo
Preferred shares O/S No.of Employees 150(2008. 3)
2007 sales decreased slightly from the preceding year with slow demand for plumbing materials due to construction business recession. Net loss is posted with non-operating income decreased with increased interest expenses while cost ratio increased with rising material prices. Equity shares of Freetech and Limetech have been acquired to diversify business into non-ferrous metals.
Sales will recover based on solid market position while benefit is expected from gradual recovery of investment in construction. Material prices may rise further with rising oil price, limiting improvement of profitability. Patent obtained on Euro-valve automatic switch will be utilized for development of floor heating temperature controller.
(date: 2007.12, unit : %)
Name Yang Chanmo Neoplux 03-2 Corp.Sturucture Asso. Byeon Jinseok
Portion 22.2 7.6 4.4
(unit : %)
Sales Pipe 43.6 Cost Raw Materials
Joint 29.8 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 06. 4 ~07.12    -    -    -
Type LI CB
Amount 89.42  8.38