Hanjin Engineering & Construction Co. - 005660- Profile

Hanjin Engineering & Construction Co., Ltd. (formerly Hanil Development Co., Ltd.) was established in 1968 and is a unit of the Hanjin Group. The company is involved in civil engineering and construction in South Korea. The company is also involved in several other businesses such as energy, bus transportation services, steel, tourism, hotels, trading and real estate. Construction works accounted for 43% of 1997 unconsolidated revenues; civil engineering works, 30%; energy, 19%; trading, 2%; hotels and others, 6%. Unconsolidated revenues accounted for 92.8% of 1997 consolidated revenues. The company has four consolidated subsidiaries, two each in the United States and South Korea.