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SIMPAC Inc. Country: So. Korea
394, Chungchun-dong, Bupyung-gu, Incheon, So. Korea 403-030. Phone +82-32-5100-100.
www.simpac.co.kr Brands: SIMPAC
Listed: KRX 9160
Mechanical and hydraulic presses plus press automation, coil feeding, and tooling. Est. 1973. Once called Ssangyong Precision Industry. Subsidiary outlets in China (3), Thailand, India, Malaysia; Agents in Brazil, Japan, Turkey.  204 employees
Values in Millions
Fiscal Year Ended Dec. 2009 Change Dec. 2008 Change Dec. 2007
Net sales, won 122,548.7 -7% 131,802.3 19% 110,683.5
M-T sales, won 120,097.7 -7% 129,166.3 19% 108,469.8
Net Profit (Loss), won 25,508.6 0% 25,508.6 108% 12,259.3
U.S. $ Conversion Factor 0.00079 0.00093 0.00108
Net Sales U.S. $ 96.8 -21% 122.6 3% 119.5
M-T sales U.S. $ 94.9 -21% 120.1 3% 117.1
Net Profit (Loss), U.S. $ 20.2 -15% 23.7 79% 13.2
Financial Notes:
Machine-tool sales are estimated at 98% of total revenue, per correspondence from KOMMA, Korean Machine Tool Manufacturers' Assn.