Korea Flange Co., Ltd. Business Report FY ended Dec. 2017

Financial Overview (Consolidated)

(in millions of won)
FY ended
Dec. 31, 2017
FY ended
Dec. 31, 2016
FY ended
Dec. 31, 2015
Sales 985,022 1,136,510 1,111,248
Operating income (17,090) 12,856 11,828
Net income (23,603) 13,692 13,818

R&D Expenditure

(in millions of won)
FY ended
Dec. 31, 2017
FY ended
Dec. 31, 2016
FY ended
Dec. 31, 2015
Amount 5,625 4,024 3,963
% of sales 0.57 0.35 0.35

Plant Operating Rate (Actual for FY 2017)

(In %)
Division Average Operating Ratio
Automotive Parts 77.4
Flange 55.0
Industrial Machinery 42.8