Last year, SK Group, led by Chey Tae-won, surpassed Samsung by a narrow margin to secure the top spot in operating profit among domestic corporations. Samsung, ranked first in the business world, maintained a significant lead in sales, net profit, and institutional sector.
On the 25th, the Korea CXO Research Institute, a corporate analysis organization, released a report on the management performance of the heads of 92 large corporate groups for 2024, stating that SK Group recorded an operating profit of 27.1385 trillion won last year, taking first place. Samsung Electronics recorded 27.0352 trillion won.
SK Group was driven by a surge in profits from SK hynix, which led the performance with an all-time high operating profit of 21.3314 trillion won last year.
In terms of sales, net profit, and employment, Samsung was overwhelmingly first. Samsung secured the top position in three institutional sectors with ▲total sales of 399.6362 trillion won ▲net profit of 41.6022 trillion won ▲employment of 284,761 people.
Hyundai Motor Group, under the leadership of Chung Eui-sun, recorded ▲sales of 292.1195 trillion won ▲net profit of 23.7712 trillion won ▲employment of 203,915 people, coming in second after Samsung. The group's operating profit last year was 18.5333 trillion won, falling from first to third place in 2023.
In terms of growth rate, the performance of mid-sized groups was notable. Hankook & Company recorded a sales increase of 100.4%, doubling from 4.2239 trillion won to 8.4668 trillion won in just one year, achieving the highest sales growth rate.
Korea Marine Transport achieved a significant improvement in performance, with operating profit surging by 1450.3% year-on-year (from 45.3 billion won to 702.9 billion won), claiming the top spot in the operating profit growth rate sector.
In profitability indicators, KRAFTON showcased its strengths in the content industry, achieving an operating profit margin of 43.9% and a net profit margin of 50%, securing first place in both institutional sectors.