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Most top 100 listed firms’ operating profits down in H1
By Korea HeraldPublished : Aug. 25, 2014 - 21:09
More than half of the top 100 South Korean companies saw their operating profit decrease on-year in the first half of this year, with the global economic slowdown taking the heaviest toll on the shipbuilding and steel industries, data showed Monday.
The combined sales of the top 100 listed companies, excluding financial firms, were tallied at 441.6 trillion won ($433.7 billion) in the first six months, down 0.9 percent from 445.8 trillion won a year earlier, according to the data compiled by market researcher Chaebul.com.
A total of 52 companies recorded a fall in operating profit in the first half, compared with a year earlier, with 14 of them logging an operating loss, the data showed. (Yonhap)
The combined sales of the top 100 listed companies, excluding financial firms, were tallied at 441.6 trillion won ($433.7 billion) in the first six months, down 0.9 percent from 445.8 trillion won a year earlier, according to the data compiled by market researcher Chaebul.com.
A total of 52 companies recorded a fall in operating profit in the first half, compared with a year earlier, with 14 of them logging an operating loss, the data showed. (Yonhap)
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Articles by Korea Herald
