'Record High Performance' KOSPI Listed Companies: Increasing Net Profit Surplus Firms and Decreasing Deficit Firms

[Asia Economy Reporter Lee Seon-ae] Among the December fiscal year-end listed companies in the KOSPI market this year, 489 companies reported consolidated net profit, while 98 companies reported net loss. The number of profitable companies increased, and the number of loss-making companies decreased.

According to the Korea Exchange on the 19th, the number of profitable companies in the first half of this year was 489, an increase of 70 companies compared to 419 in the first half of last year. Among them, 386 companies maintained profitability, and 103 companies turned profitable. The number of loss-making companies was 98, down 70 from 168 in the first half of last year. Among them, 65 companies continued to report losses, and 33 companies turned to losses.

Based on the second quarter, out of 587 companies analyzed on a consolidated basis, 479 companies reported net profit, a decrease of 8 companies compared to the previous quarter. Loss-making companies numbered 108, an increase of 8 compared to the previous quarter.

By industry, sales increased in 16 sectors including Medical Precision and Steel & Metals compared to last year.

Industries with increased sales include Medical Precision (275.01%), Steel & Metals (24.89%), Chemicals (23.94%), Electrical & Electronics (23.35%), Machinery (21.42%), Transportation Equipment (20.78%), Transportation & Warehousing (20.21%), Distribution (18.26%), Non-metallic Minerals (12.69%), Services (11.40%), Textiles & Apparel (8.43%), Paper & Wood (7.03%), Pharmaceuticals (6.55%), Food & Beverages (6.38%), Telecommunications (4.04%), and Electric & Gas Utilities (2.03%). In contrast, Construction sales decreased by 2.36%.

Net profit increased in 14 industries including Chemicals and Services. Net profit decreased in 3 industries including Electric & Gas Utilities and Food & Beverages.

Industries with net profit growth include Chemicals (13,260.8%), Services (1,214.19%), Medical Precision (556.82%), Steel & Metals (512.73%), Transportation Equipment (265.38%), Machinery (206.59%), Non-metallic Minerals (147.20%), Distribution (114.04%), Electrical & Electronics (74.08%), Telecommunications (68.18%), Construction (14.30%), and Paper & Wood (4.49%).

Transportation & Warehousing and Textiles & Apparel turned profitable. On the other hand, Electric & Gas Utilities (-79.46%), Food & Beverages (-5.87%), and Pharmaceuticals (-0.98%) saw decreases in net profit.

Meanwhile, the consolidated sales of KOSPI December fiscal year-end listed companies in the first half of this year amounted to KRW 1,080.5835 trillion. This is an increase of 17.46% (KRW 160.6285 trillion) compared to the same period last year, surpassing KRW 1,000 trillion for the first time in the first half. Operating profit and net profit also increased significantly, recording the highest ever first-half performance.

This content was produced with the assistance of AI translation services.