2002 3Q Results
6
2002 3Q Results
description
2002 3Q Results. Sales & Profits. 2002 3Q sales was KRW 315 Billion, an increased of 5% YoY. Recurring Profit totalled KRW 37 Billion, an increase of 19.6% YoY. Sales. Profits. (KRW bn). (KRW bn). 315. 299. Sales Operating Profit Recurring Profit Operating Margin Recurring Margin. - PowerPoint PPT Presentation
Transcript of 2002 3Q Results
2002 3Q Results
299
2001 3Q 2002 3Q
315
66%
34%
67%
33%
2002. 3Q
315
37
37
11.9%
11.6%
2001. 3Q
299
36
30
12.1%
10.2%
5.1%
3.3%
19.6%
△ 0.2%p
1.4%p
5%
Sales & Profits
2002 3Q sales was KRW 315 Billion, an increased of 5% YoY.Recurring Profit totalled KRW 37 Billion, an increase of 19.6% YoY.
Sales Profits
Cosmetics
Household Products
Sales
Operating Profit
Recurring Profit
Operating Margin
Recurring Margin
YoY
(KRW bn)(KRW bn)
Sales/Profit
Strong sales of seasonal gift sets and product mix improvement contributed to steady growth of sales. In result, sales andoperating profit were increased by 5% and 18%.
24Operating
Profit
2001 3Q 2002 3Q
Sales
29
202
5%
213
■ Slow market growth & Increased competition
- Intense competition to strengthen
market position
■ Strong sales recorded for seasonal gift sets
- Increase by 25% YoY
■ Product mix improvement
- More premium products (‘Elastine’ Shampoo, ‘Clinx’ toothpaste,
‘Say’ soap)
Household Products
(KRW bn)
Sluggish consumer demand & intense competition causeda stagnant market and slowed the market growth.Through introduction of premium brands & penetration into growing markets, we are overcoming the situation.
12
2001 3Q 2002 3Q
7
103
3%
105
◆ Sluggish demand & Intense competition
- The World Cup/Flood affected cosmetics consumption
◆ Distribution channel shift
- Market portion of specialty shops/new door to door channels out of total cosmetics market
was reduced
◆ Cultivating growing distribution channels
- Aggressive penetration into old type door to door/discount stores markets
Cosmetics
Sales/Profit(KRW bn)
OperatingProfit
Sales
165 156
2001 2002 1H 2002 3Q
2002 3Q 2001 2002 1H 2002 3Q
720
298
423
427
371
55
293
89
145%
74
101
-
32
207
2001
647
233
414
414
315
99
233
89
178%
2002 1H
674
261
413
408
305
104
266
89
154%
27
95
50
33
205
16
95
50
33
194
147
Financial Status
Debt-to-equity ratio declined to 145% - a decrease by 33% from the end of 2001.
B / S Summary
Assets
(Current)
( Fixed )
Liabilities
(Current)
( Fixed )
Equity
(Capital Stocks)
Debt to Equity
Borrowings
Short-term
Current Maturities
Corporate Bonds
Long-term
Total
(KRW bn)(KRW bn)
Net Borrowings
Thank you !
The figures in this presentation are taken from unaudited and non-consolidated financial statements. They are subject to change during the course of review process.
