BSE Holdings Co., Ltd. (045970)   KOSDAQ Address 58B-4L,NAMDONG IND. COM.,626-3,GOJAN-DONG, INCHEON Home Page www.bsecm.com Established 1993. 5.25 Tel 032-500-1700-7 Listed 2000. 8. 3 IR 032-500-1736 Common shares O/S 13,222,429 President Park,Jin Su Preferred shares O/S No.of Employees 4(2008. 3) As a holding company, firm's sales rose, thanks to increase in gain on valuation of investments using the equity method and goods sales thro sales expansion of microphones and LED sector - subsidiaries' flagship products. Though firm's operating profit fell, because of loss on reduction of investment stocks using the equity method, firm's net profit rose, due to a sharp reduction in nonoperating expenses, such as reduction on loss on sellable securities. Firm maintains solid financial stability, in view of good cash flows thru subsidiaries' operating performances, while maintaining low debt ratio. Firm's continual growth is expected because the synergy effect of BSE, No.1 company in microphones in the world and penetration into foreign markets of Itswell, an LED company. Firm's profitability improvement is forecast, owing to cost competitiveness consolidation based on technical edge and firm's earnings factor diversification is expected, stemming from the release of digital microphones. Thru equity gain of subsidiaries, such as BSE, Istwell, Humaroid and Robotous, a robot developing company, the firm is likely to maintain abundant liquidity and stable financial structure. (date: 2007.12, unit : %) Name Park Jinsu Lim Bokja Portion 61.6 0.9 (unit : %) Sales ELETRONIC COMPONENTS Sale 100.0 Cost Raw Materials Labors Overhead (Unit : 100Mn.Won,Won) Year ~02.12 05. 3 ~05.12    -    - Type CB CR CB -  -  Amount 33.42  - 55.28  59.97  -  -