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2002 3Q Results. 299 2001 3Q2002 3Q 315 66% 34% 67% 33% 2002. 3Q 315 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.

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Presentation on theme: "2002 3Q Results. 299 2001 3Q2002 3Q 315 66% 34% 67% 33% 2002. 3Q 315 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."— Presentation transcript:

1 2002 3Q Results

2 299 2001 3Q2002 3Q 315 66% 34% 67% 33% 2002. 3Q 315 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)

3 Sales/Profit Strong sales of seasonal gift sets and product mix improvement contributed to steady growth of sales. In result, sales and operating profit were increased by 5% and 18%. 24 Operating Profit 2001 3Q2002 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)

4 Sluggish consumer demand & intense competition caused a stagnant market and slowed the market growth. Through introduction of premium brands & penetration into growing markets, we are overcoming the situation. 12 2001 3Q2002 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) Operating Profit Sales

5 165 156 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 647 233 414 315 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) Net Borrowings

6 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.


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