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Hyundai Information Technology (026180)   KOSDAQ
 
Address 71-3,CHEONGDAM 1-DONG, SEOUL
Home Page www.hit.co.kr
Established 1989. 5.15 Tel 02-2129-4114
Listed 2000. 8. 8 IR 02-2129-4597
Common shares O/S 50,333,330 President Lee,Yeong Hui
Preferred shares O/S No.of Employees 836(2008. 3)
Sales decreased due to selective profit-oriented sales while non-performing lines have been discontinued. Net profit is posted with cost saving for new projects, increasing margin, operation rate and miscellaneous gains while sales and admin expenses have decreased. Unstable financial structure is posted with over 200% debt ratio though operating cash flow improved.
Steady growth is expected as contracts have been awarded repeatedly for Vietnam banking innovation projects. Profit will increase with currency exchange gains from sale of overseas futures while vulnerable units are being supplemented and performance improvement is planned through M&A. Sales will increase with u-City projects in alliance with Hyundai Communications, No. 1 vendor of Smart Home Network System.
(date: 2007.12, unit : %)
Name Songchun Development Ho Seong Yeo Sam
Portion 20.9 11.2 10.4
(unit : %)
Sales SI 66.0 Cost Raw Materials
ITO Service 32.9 Labors
Overhead
(Unit : 100Mn.Won,Won)
Year 00. 8 07. 1    -    -    -
Type LI CR
Amount 1,510.00  - 1,006.67