5th Jan 2009 08:15
HYUNDAI MOTOR COMPANY (HMC)
Corporate Disclosure to Korea Stock Exchange
Disclosure date : January 5, 2009
Disclosure title : Resumption of Operation
1. Location Where Operation was Resumed : - Asan plant in Korea
2. Sales revenue of work stoppage plants:a) Sales revenue impact of operation resumption(FY2007):
KRW 5,237,592,000,000
b) Total sales revenue of the company(FY2007):
KRW 30,619,671,000,000
c) Sales revenue portion of work stoppage plants(c=a/b):17.11%
d) Applicability as a large-scale corporation : Yes
3. Contents of operation resumption : Automobile Manufacturing
4. Reason of operation resumption : Resumption of production
5. Date of operation resumption : January 5, 2009
6. Decision date of resumption : January 5, 2009
7. Others :
- The sales revenue of work stoppage impacted in #2-a is based on the total complete built-up vehicle sales revenue of Asan plant in 2007. And the total sales revenue of the company in #2-b is based on the total revenue of the company in 2007.
- The decision date of resumption in #6 is the date of production resumption. Production resumed at 08:00 am.
- Period and Effects of work stoppage :
i) Period : December 26, 30, 31, 2008
ii) Vehicle production loss : approximately 2,315 units
* The 'Vehicle production loss' above is based on assumption compared to the production plan.
Related Shares:
Hyundai Mtr.gdr