Public Disclosure

07/22/2003

2Q 2003 Result Report

 

These second quarter results have not been audited by the Company's external auditor and are thus subject to change during review by the auditor.

(Billions of KRW)
2003 2Q
2003 1Q
2002 2Q
Sales
4,674
5,171
4,894
Gross Profit
1,170
1,263
1,243
Operating Income
265
417
429
Ordinary Income
362
198
490
Net Income
258
189
341

Goals for 2H 2003:
- Current slowdown in domestic economy is projected to continue
- We anticipate an increase in export sales to drive an increase of around 10%
in sales*

* The Company does not expect operating income, net income and cash flow to grow at the same rate, however, and is not providing guidance regarding any indicator of its financial results other than sales

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