Strong imports and exports of machinery boosted revenues 40 percent in 1996. However, higher financial costs and slim margins eroded profits. As a result, it is focusing on improving management efficiency and boosting profits. It plans to explore growth opportunities and restructure the company's business lines. The company is exploring less expensive financing alternatives, such as a deferred payment system.
Cash flow is good.
The company is considering an entry into overseas resources and real estate development projects. Ssangyong is a restaurant and TRS business in China, and oil exploration in Vietnam.