The leading South Korean enterprises reported first-quarter operating profits exceeding 100 billions USD, with more than 60% contributed by Samsung and SK Hynix.
According to statistics from corporate data agency CEO Score, out of the top 500 Korean companies by revenue, 328 companies achieved a combined operating profit of 156.35 trillion Korean won in the first quarter of this year, a significant year-on-year increase of 158.6%.
During the same period, total corporate revenue increased by 29.4% year-on-year, reaching 1,038 trillion Korean won, up by 235.3 trillion Korean won compared to the same period last year.
Global chip giants Samsung Electronics and SK Hynix recorded a combined operating profit of 94.8 trillion Korean won.
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