Industry
‘Listed firms’ net profit to surpass 120 trillion won
April 4, 2017
The combined net profit of listed companies in South Korea is expected to top 120 trillion won ($107 billion) this year, according to securities firm Mirae Asset Daewoo. (Yonhap)“The combined net profit of 246 listed firms is expected to reach 126.6 trillion won this year,” Yoo Myung-gan, an analyst at Mirae Asset Daewoo, said Tuesday. He added that the steel, telecommunications and semiconductors industries are predicted to post stronger profits, whereas sectors dealing with capital goods, trad