effectively management.
c. Analysis of Sales and growth of assets
Sales
In Jinro's case, the sales growth rate of the last 12 months compared to the previous 12 months is downslide as a result of -0.36% that lowers than the average which is 4.36%. Average sales growth was reduced and regaining from lowest in 2003, while the Jinro's average growth rate of -0.36% recorded but risen recently,
(2) Trend income statements
(%) 2009 2008 2007 2006 2005
sales 338 367 191 143 100
gross profit 4 301 409 174 100
operating income -330 254 479 179 100
income before income tax -906 128 482 169 100
net income -15,685 2,123 7,877 1,120 100
From comparative income statements and trend income statements above, we can see that net income in 2009 plunged dramatically. However, compare to 2
How did POSCO manage to remain this rate of ROA and ROCE?
1) Expanding facilities and increasing investments in mine exploration.
2) Engaging in the rapidly growing Southeast Asia market and also the US market.
3) Strengthening global automotive steel sales and marketing infrastructure.
As a result, in 2008, POSCO accomplished record-setting production of 34.7 million tons and sales of 33
steel industry related companies.
3) Firm Specific Factors
(1) The expanding of Strategic Alliance with Neo-Japan Steel
The two companies agree with strategic alliance expanding by making following: mutual transfer of SLAB and RHF, Reuse co-work business, and expanding of capital alliance. The supporting in SLAB and RHF technologies help the POSCO use more effectively their facilitate
The reason for our selecting Mittal Steel descends to one key question. How did a company which a few decades ago was only a single steel producing mill in India become the world’s largest and most global company? Mittal Steel, the world’s number one steel producer since 2005 achieved its success by taking a strategy, which in the past, was a drastic change for the industry – this was t