Sales increased sharply with new overseas sales of wind power generation equipment and active business of downstream industries of petrochemical, power plant and shipbuilding. Profitability degraded slightly with rising cost and export related expenses but profitability still remains solid. Solid financial stability is maintained with debt ratio improved by increased liquidity from surplus profit and capital increase. Sales will grow with growing sales of forgings for wind power equipment as alternative energy demand grows with rising oil price. Profitability will improve as ratio of high margin materials will increase, such as specialty alloy steel and stainless steel forgings. Steady growth is likely as the government plans to build more nuclear power plants while the company obtained QSC certification for the first time in Korea.
Headquarters
Bonsan-ro 193beon-gil Jinyeong-eup Gimhae-si Gyeongnam
Gimhae; Gyeongsangnam;
Postal Code: 621803
Contact Details: Purchase the Mysco Co.,Ltd. (6228106496) report to view the information.
Website: http://www.mysco.co.kr
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