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	Machine Tool Scoreboard Details				Back to Scoreboard Page 3
	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.co.kr			Brands:	Hwacheon
	Listed: KOSDAQ 0850		www.hwacheon.com
	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. 2008	Change	Dec. 2007	Change	Dec. 2006
	Total revenue, won	268,965.7	19%	225,140.8	8%	209,139.4
	M-T sales, won	228,620.9	19%	191,369.6	8%	177,768.5
	Net Profit (Loss), won	22,892.8	32%	17,301.0	66%	10,418.4
	U.S. $ Conversion Factor	0.00093		0.00108		0.00106
	Total revenue U.S. $	250.1	3%	243.2	10%	221.7
	M-T sales U.S. $	212.6	3%	206.7	10%	188.4
	Net Profit (Loss), U.S. $	21.3	14%	18.7	69%	11.0
	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.