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| Topic: |
Technology
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| Number of pages / Number of words: |
3 / 835 |
Essay's paper body
Poor cash flow from operation would affect the expansion plans of the company.
Poor profitability
The company has recorded poor profitability in 2006. The operating profit of the company was KRW5.1 billion (approximately $5.6 million) during fiscal year 2006, as compared to KRW1, 712 billion (approximately $1...
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Similarly the net profit of the company has declined from KRW605.6billion ($0.7billion) in 2005 to KRW233.9 billion (approximately $0.3 billion) in 2005. Due to poor profitability company’s return on average assets, investment and equity has trailed behind the industry average. During the trailing twelve months, company’s return on average assets, investment and equity is 0...
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