Although listed companies on the KOSPI market achieved operating profits exceeding 60% compared to the previous year, listed companies on the KOSDAQ market showed a decline in operating profit and net profit.

The securities area of Yeouido seen from the 63 Building in Yeongdeungpo-gu, Seoul. /Courtesy of News1

According to the Korea Exchange on the 2nd, the consolidated revenue of 614 KOSPI-listed corporations, excluding financial industries, partitioning and merger corporations, and companies with adverse audit opinions, was 2,918 trillion won, reflecting a 5.4% increase compared to the previous year.

Operating profit increased by 61.7% to 196 trillion won, while net profit recorded an 81.6% increase to 142 trillion won.

Even excluding Samsung Electronics, which accounts for 10.3% of total sales, the revenue, operating profit, and net profit growth rates of the remaining KOSPI-listed corporations reached 4.3%, 42.5%, and 71.6%, respectively.

The number of corporations with net profit among the total 614 reached 477 (77.7%), an increase of 21 (10.8%) compared to the previous year.

By industry, revenue increased in 11 out of 20 sectors, with notable growth in electrical and electronics (19.1%), transportation and warehousing (12.8%), and IT services (9.4%).

In the financial sector, consolidated operating profit and net profit increased by 14.3% and 12.5%, respectively, compared to the previous year. Particularly, the operating profit and net profit of the securities industry surged by 51.1% and 61%, respectively, showing significant improvement from 2023.

In contrast, the consolidated operating profit and net profit of the 1,203 KOSDAQ-listed companies were 9.64 trillion won and 3.48 trillion won, representing decreases of 2.7% and 13.5%, respectively, compared to the previous year. Revenue increased by 4.5% to 273.35 trillion won.

The operating profit margin and net profit margin also fell to 3.5% and 1.3%, down about 0.3 percentage points from last year. Among the analyzed 1,203 companies, 692 (57.5%) achieved net profits, while 511 (42.5%) reported losses.

By industry, revenue increased in transportation and warehousing (16.1%) and IT services (14.5%), but the construction industry decreased by about 12%. Operating profit saw significant increases in the retail (57.5%) and machinery and equipment (20.9%) industries.

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