BHK Inc - Further re Results of AGM

RNS Number:1916R
BHK Inc
31 March 2008

BHK Inc

Further re: Results of AGM

BHK Inc. ('BHK' or the 'Company'), the Korean developer and manufacturer of
medical and digital technology, made an announcement to the Korea Exchange today
submitting its Business Plan, which included further detail to the audited
unconsolidated financial results for the year ended 31 December 2007 prepared
under Korean GAAP and as announced on 27 March 2008. An English translation of
this information is reproduced below in accordance with Rule 10 of the AIM
Rules.

The information announced to the Korea Exchange reads in English as follows:

"We hereby submit the Business Plan in accordance with article 2, clause 186 of
the Securities and Exchange Act."

Financial information for the years ended 31 December 2006 and 2007

(Unconsolidated and prepared under Korean GAAP)

1. Analysis of sales

Sales analysis for the year ended 31 December 2007

(KRW in thousands)
Business sector Sales Gross Profit
Digital 2,780,517 806,734
Textiles and 5,716,692 1,893,878
artificial organs
Total 8,497,209 2,700,612

Sales analysis for the years ended 31 December 2006 and 2007

(KRW in thousands)
Subject 2007 2006
Export:
Merchandise 40,528 344,682
Finished goods 2,684,776 945,435
Consignment sales - 65,314
Others 30,127 -
Sub-total 2,755,431 1,355,431
Domestic sales:
Merchandise 5,676,163 5,844,911
Finished goods 65,615 -
Consignment sales - 55,676
Sub-total 5,741,778 5,900,587
Total 8,497,209 7,256,018

2. Analysis of stock:

(KRW in thousands)
Division Type 2007 2006
Artificial organs Raw materials 20,871 -
Finished goods 106,458 -
Sub-total 127,329 -
Digital Raw materials 1,950,408 -
Finished goods 120,850 -
Goods in transit 68,824 -
Sub-total 2,140,082 -
Textile Merchandise - 586,828
Sub-total - 586,828
Retail Merchandise - 306,814
Sub-total - 306,814
Total 2,267,411 893,642

3. Convertible bonds

The 6th convertible bonds in issue at 31 December 2007 are rated B- by the
Korean Ratings Agency.

For further information please contact:

BHK +82 2 541 4771
Alex Choi, Chairman and CEO
Hak Jun Kim, CFO

+-----------------------------------------+--------------------------------------+
|Deloitte Corporate Finance |020 7936 3000 |
+-----------------------------------------+--------------------------------------+
|Jonathan Hinton | |
+-----------------------------------------+--------------------------------------+
|John Ball | |
+-----------------------------------------+--------------------------------------+

This information is provided by RNS
The company news service from the London Stock Exchange

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