Daewoo International Corporation (Daewoo) is South Korea's leading international trading company. The company conducts its business activities across nine major areas: steel, metal, chemicals, automotive and components, machinery and industrial plants, media and electronics, textiles, commodity and energy, and Information Technology (IT) business. The company primarily operates across Asia, Europe, Central and South America, North America, Africa and Middle East. It is headquartered in Seoul, Korea, and employs about 1,800 people.
The company recorded revenues of KRW6,383,615 million (approximately $6,963.3 million) during the fiscal year ended December 2006, an increase of 24.1% over 2005. The operating profit of the company was KRW77,697 million (approximately $84.8 million) during fiscal year 2006, an increase of 26.4% over 2005. The net profit was KRW112,808 million (approximately $123.1 million) in fiscal year 2006, a decrease of 34.5% compared to 2005.
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