Annual Report 2011

Publishing date: 01.03.2012

2011 has been yet another year of growth for SONGWON. We have delivered a consolidated net profit of 8,6 Million US$, on revenues of 542,8 Million US$, a growth of 12,92% compared to 2010. The strength of our business has been recognized by being awarded an A credit rating as well as being selected on the Korean Stock Exchange as a constituent of the KOSPI 200 index, which takes into account year over year performance as well as liquidity and industry representation. With these results achieved under the most arduous market conditions we have had to face in recent times, we are well positioned to reach our future growth and profitability goals.