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Keum Kang Steel (053260)   KOSDAQ
 
Address RM.701,SEOCHO WORLD OFF.,1355-3,SEOCHO 2-DONG, SEOUL
Home Page www.kksteel.co.kr
Established 1977. 1.12 Tel 02-3471-0001
Listed 2002. 1. 4 IR 02-3471-0001
Common shares O/S 18,720,000 President Joo,Kwang Nam
Preferred shares O/S No.of Employees 80(2008. 3)
Sales increased slightly over the preceding year with increased automobile production and sales of premium consumer appliances though overall business is slow. Operating income ratio increased slightly over the preceding year with reduced sales and admin expenses though business conditions have worsened with excessive supply of cold rolled sheets. Financial stability is good with low borrowings ratio as operating cash flow improved with reduced trade receivable and inventory assets.
Sales will grow further with new product launch by downstream automotive industry and product range diversified with new facilities. Product will be diversified while market share will increase as thick sheet is being processed for volume customers using shears newly installed at Sihwa mill. Product price will be raised as international steel prices continue to rise. Profitability will improve with increased production capacity of thick products while inventory cost will be reduced by new warehouse.
(date: 2007.12, unit : %)
Name Ju Gwangnam Citi Bank National Pension Corporation
Portion 35.7 11.5 6.2
(unit : %)
Sales Cold-Rolled Steel Plate 36.4 Cost Raw Materials
Acid Clearing Coil 24.3 Labors
Galvannealed Steel Sheets 14.9 Overhead
(Unit : 100Mn.Won,Won)
Year 02. 1    -    -    -    -
Type LI
Amount 98.60