1H Operating Profit of Major Companies Down 15% except Top-5 Performers
1H Operating Profit of Major Companies Down 15% except Top-5 Performers
  • Korea IT Times (info@koreaittimes.com)
  • 승인 2013.09.05 18:55
  • 댓글 0
이 기사를 공유합니다

SEOUL, KOREA- According to CEO Score, a website tracking performances of Korea's business groups, on September 4, the first-half sales revenue of 293 companies out of top-500 corporations that submitted half-year results for two consecutive years (including 60 non-public companies) was 926,889.9 billion won, up 2.4 percent from the same period last year. Their combined operating profit has also increased 8.6 percent to 54,169.8 billion won.
 
But this is misleading given that the bulk of sales revenue and operating profit have been made by top-five groups and the remaining companies saw their sales revenue and operating profit shrink 1.6 and 15.2 percent, respectively. The aggregate operating profit, for example, of 15 Samsung Group companies was 20,196.6 billion won, up 37.6 percent from a year ago. 
 
The 14 SK Group companies saw their combined operating profit jump 66 percent. LG Group and Lotte Group posted 19.7 and 4.7 percent higher operating profit from the first half of 2012. As for the 14 companies under Hyundai Motor Group, however, their first-half operating profit shrank 9.1 percent year on year. The operating profit of Hyundai Motor (-7.7%), Kia Motors (-21.0%), Hyundai Mobis (-4.7%), and Hyundai Steel (-31.1%) all turned to the south.
 
All other companies other than the top-five conglomerates suffered a setback in the first half. The operating profits of POSCO, Hyundai Heavy Industries, and Doosan Heavy Industries were down 10.0, 56.1, and 37.4 percent, respectively. Hanwha Group's five companies also saw their operating profit decline 21.2 percent in the January-June period.

댓글삭제
삭제한 댓글은 다시 복구할 수 없습니다.
그래도 삭제하시겠습니까?
댓글 0
댓글쓰기
계정을 선택하시면 로그인·계정인증을 통해
댓글을 남기실 수 있습니다.

  • ABOUT
  • CONTACT US
  • SIGN UP MEMBERSHIP
  • RSS
  • 2-D 678, National Assembly-daero, 36-gil, Yeongdeungpo-gu, Seoul, Korea (Postal code: 07257)
  • URL: www.koreaittimes.com | Editorial Div: 82-2-578- 0434 / 82-10-2442-9446 | North America Dept: 070-7008-0005 | Email: info@koreaittimes.com
  • Publisher and Editor in Chief: Monica Younsoo Chung | Chief Editorial Writer: Hyoung Joong Kim | Editor: Yeon Jin Jung
  • Juvenile Protection Manager: Choul Woong Yeon
  • Masthead: Korea IT Times. Copyright(C) Korea IT Times, All rights reserved.
ND소프트