Korean Inc. records strongest sales and profitability improvement Q2: BOK2021.09.15 15:31

korean inc records strongest sales and profitability improvement q2 bok2021 09 15 1531

Sumary of Korean Inc. records strongest sales and profitability improvement Q2: BOK2021.09.15 15:31:

  • South Korean companies saw their profitability improve in the second quarter, with sales soaring by strongest of nearly 20 percent from a year ago, driven by strong exports despite ongoing pandemic, central bank data showed Wednesday.
  • The ratio of operating profit to sales of these companies came to 7.4 percent in the second quarter, up from 5.2 percent a year ago, while the pretax net profit margin increased to 8.2 percent from 4.6 percent.
  • The operating margin in electrics and electronics widened to 11.8 percent in the second quarter up from 8.2 percent a year ago, driven by a rise in chip prices and exports.

Want to know more click here go to source.

From -

Close
Generic selectors
Exact matches only
Search in title
Search in content

Site Language


By continuing to use the site, you agree to the use of cookies. more information

The cookie settings on this website are set to "allow cookies" to give you the best browsing experience possible. If you continue to use this website without changing your cookie settings or you click "Accept" below then you are consenting to this.

Close