Arab Today, arab today s korean major companies profits edge down in 2011
Last Updated : GMT 22:15:37
Arab Today, arab today
Arab Today, arab today

S Korean major companies profits edge down in 2011

Arab Today, arab today

Arab Today, arab today S Korean major companies profits edge down in 2011

Seoul - QNA

Major listed companies belonging to South Korea\'s top 10 conglomerates saw their operating profits inch down in 2011 from a year earlier on global economic woes, data showed Thursday. The combined operating profit of the 73 companies reached 73.89 trillion won (US$64.7 billion) last year, down 1.04% from the previous year, according to the Korea Exchange, the nation\'s bourse operator. Of the conglomerates, only four posted gains in operating profits with the remainder suffering declines. SK Group, South Korea\'s third-largest conglomerate, posted an operating profit of 14.48 trillion won in 2011, up 36% from the year earlier and the biggest leap among the 10 conglomerates, South Korea\'s (Yonhap) news agency reported. Hyundai Motor Group, the world\'s fifth-largest carmaker, earned 17.61 trillion won in 2011 operating profit, up 29.11% from a year earlier, thanks to strong performances by its flagship companies, Hyundai Motor Co. and Kia Motors Corp. However, South Korea\'s largest conglomerate Samsung Group saw its operating profit decline 9.84% on-year to reach 20.61 trillion won in 2011, affected by the overall slump in the information technology industry. Samsung has global tech giant Samsung Electronics Co. under its wing. Hanjin Group, which controls South Korea\'s top container line Hanjin Shipping Co., posted the worst performance, with its operating profit tumbling to around 30 billion won from slightly over 2 trillion won. The plunge in Hanjin Group\'s operating profit was caused by the deepening downturn of the global shipping industry stemming from the eurozone debt crisis, according to the data.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korean major companies profits edge down in 2011 Arab Today, arab today s korean major companies profits edge down in 2011

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today s korean major companies profits edge down in 2011 Arab Today, arab today s korean major companies profits edge down in 2011

 



Arab Today, arab today
Arab Today, arab today Youssra depended on colored foam

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today O'Leary: Could ground more planes

GMT 06:49 2017 Friday ,22 September

O'Leary: Could ground more planes
Arab Today, arab today Etiquette expert underlines importance of gifts

GMT 17:52 2017 Sunday ,03 September

Etiquette expert underlines importance of gifts
Arab Today, arab today Huthis stage defiant rally 3 years

GMT 05:29 2017 Friday ,22 September

Huthis stage defiant rally 3 years
Arab Today, arab today Saudi Arabia to unblock internet calling apps

GMT 11:31 2017 Wednesday ,20 September

Saudi Arabia to unblock internet calling apps
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Ministry seeks to improve education

GMT 14:49 2017 Sunday ,17 September

Ministry seeks to improve education
Arab Today, arab today All eyes on May as she prepares

GMT 10:16 2017 Friday ,22 September

All eyes on May as she prepares
Arab Today, arab today Puerto Rico, Virgin Islands brace

GMT 12:01 2017 Wednesday ,20 September

Puerto Rico, Virgin Islands brace
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Mercedes pumps 1 bln euros    

GMT 06:04 2017 Friday ,22 September

Mercedes pumps 1 bln euros    
Arab Today, arab today Intel chips loaded in Waymo

GMT 14:43 2017 Wednesday ,20 September

Intel chips loaded in Waymo
Arab Today, arab today Youssra prepares for launching her  program

GMT 08:59 2017 Wednesday ,20 September

Youssra prepares for launching her program
Arab Today, arab today France hopeful of persuading Trump

GMT 06:21 2017 Wednesday ,20 September

France hopeful of persuading Trump

GMT 09:40 2017 Tuesday ,19 September

Actress Ream Hhagag prepares for a new film

GMT 18:09 2017 Thursday ,21 September

China lifts 10-year travel ban

GMT 16:53 2017 Saturday ,02 September

Mai importance of gifts during Eid Al-Adha

GMT 19:18 2017 Monday ,18 September

5,000 'Dieselgate' deaths in Europe per year

GMT 10:46 2017 Saturday ,05 August

Nanis reveals simple ideas for home renovation

GMT 18:03 2017 Thursday ,21 September

Alarm over flesh-eating ulcer cases

GMT 07:00 2017 Wednesday ,20 September

A no-frills business success

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 12:46 2017 Thursday ,21 September

Google likely to buy stake in Taiwan smartphone maker HTC

GMT 11:37 2017 Saturday ,12 August

Fashion designer reveals her new collection
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday