Korea Flange Co., Ltd. Business Report FY ended Dec. 2018

Financial Overview (Consolidated)

(in millions of won)
FY ended
Dec. 31, 2018
FY ended
Dec. 31, 2017
FY ended
Dec. 31, 2016
Sales 1,006,305 985,022 1,136,510
Operating income 1,999 (17,090) 12,856
Net income (1,028) (23,603) 13,692

R&D Expenditure

(in millions of won)
  FY ended
Dec. 31, 2018
FY ended
Dec. 31, 2017
FY ended
Dec. 31, 2016
Amount 4,685 5,625 4,024
% of sales 0.59 0.57 0.35

Plant Operating Rate (Actual for FY 2018)

(In %)
Division Average Operating Ratio
Automotive Parts 79.2
Flange 55.0
Industrial Machinery 42.9