Industry
Top 10 conglomerates dominate earnings of all listed S. Korean firms
Jan. 10, 2013
Net profits of South Korea's top 10 business groups took up nearly 80 percent of those of all 1,345 listed South Korean companies, data showed Thursday, in the latest sign of economic domination by family-owned conglomerates.The combined net profit of 80 listed companies affiliated with chaebol reached 36.9 trillion won ($34 billion) in the first nine months of last year, accounting for 78.1 percent of total net profits, according to FnGuide Inc., an online financial information provider, and Ch