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| Hwacheon Machine Tool Co. Ltd. | Country: | So. Korea | ||||||
| 976-1, Jangdeok-dong, Gwangsan-Gu, Gwangju 506-733, South Korea. Phone 82-062-951-5111. | ||||||||
| www.hwacheon.com | Brands: | Hwacheon | ||||||
| Listed: KOSDAQ 0850 | ||||||||
| Turning, milling, drilling, grinding machines and machining centers. Plants in Changwon and Kwangsam-Gu. Also produces castings and semi-complete automotive engine blocks for Hyundai Motor. Overseas sales companies are in Germany (Ratingen), Singapore (Bukit Batok Crescent), and U.S.A. (Vernon Hills, Illinois). | ||||||||
| Values in Millions | ||||||||
| Fiscal Year Ended | Dec. 2010 | Change | Dec. 2009 | Change | Dec. 2008 | |||
| Total revenue, won | 303,592.2 | 52% | 200,051.0 | -26% | 268,966.0 | |||
| M-T sales, won | 258,053.4 | 52% | 170,043.4 | -26% | 228,621.1 | |||
| Net Profit (Loss), won | 14,701.6 | 140% | 6,124.0 | -61% | 15,849.0 | |||
| U.S. $ Conversion Factor | 0.00087 | 0.00079 | 0.00093 | |||||
| Total revenue U.S. $ | 264.1 | 67% | 158.0 | -37% | 250.1 | |||
| M-T sales U.S. $ | 224.5 | 67% | 134.3 | -37% | 212.6 | |||
| Net Profit (Loss), U.S. $ | 12.8 | 164% | 4.8 | -67% | 14.7 | |||
| Financial Notes: | ||||||||
| Machine tool sales are estimated at 85% of total sales, split about evenly between CNC lathes and CNC mills/machining centers. Statistics are consolidated for Hwacheon Machine Tool and its affiliates. Affiliated company, Hwacheon Machinery Works Co. Ltd., 1022-7 Bangbae-dong, Seocho-ku, Seoul, Rep. of Korea. Phone 82-2-523-7767, is listed separately on the Korean Stock Exchange (#10660). Hwacheon Machinery Works is 29.95% owned by Hwacheon Machine Tool. | ||||||||