Economic Recovery Evident... Changwon Chamber of Commerce Reports Improved Q3 Business Performance of Local Companies

Changwon Chamber of Commerce and Industry building. [Image source: Changwon Chamber of Commerce and Industry]

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] The Changwon Chamber of Commerce and Industry announced the 2021 Q3 (cumulative) business performance of listed companies in the Changwon area on the 25th.

On a consolidated basis, the cumulative sales of 21 companies listed on the KOSPI market amounted to 26.5972 trillion KRW, an increase of 11.8% compared to the same period last year (national average +18.0%).

Operating profit was 1.5072 trillion KRW, up 245.9% from the same period last year (national average +88.2%), and net profit turned positive to 1.2089 trillion KRW from a loss in the first half of last year.

The cumulative sales of 11 companies listed on the KOSDAQ market were 1.8294 trillion KRW, up 32.0% from the same period last year (national average +15.5%), operating profit was 84.9 billion KRW, up 511.5% (national average +40.7%), and net profit was 88.1 billion KRW, up 1783.9% (national average +117.3%).

In Q3, the consolidated sales of KOSPI-listed companies in the Changwon area were led by Doosan Heavy Industries & Construction with 9.1128 trillion KRW, Hyundai Wia with 5.605 trillion KRW, Hanwha Aerospace with 4.4413 trillion KRW, Hyundai Rotem with 2.0745 trillion KRW, and KISCO Holdings with 1.1208 trillion KRW.

Companies with increased sales compared to the same period last year included DY Power (+52.4%), KISCO Holdings (+42.0%), Haesung DS (+35.5%), Hyundai BNG Steel (+25.5%), Samsung Air Conditioning (+24.5%), Hanwha Aerospace (+23.5%), among 14 companies in total.

The consolidated sales of KOSDAQ-listed companies were led by Shinsung Delta Tech with 558.9 billion KRW, EM Tech with 287 billion KRW, Sambo Industry with 260.5 billion KRW, Woosoo AMS with 238 billion KRW, and OptronTech with 144.8 billion KRW.

Companies with increased sales compared to the same period last year included Shinsung Delta Tech (+58.7%), Woosoo AMS (+52.8%), EM Tech (+47.6%), Terra Science (+43.3%), and Samyang Optics (+40.8%), totaling 10 companies.

On an individual and separate basis, the cumulative Q3 sales of 24 KOSPI-listed companies in the Changwon area were 14.743 trillion KRW, up 6.5% compared to the same period last year (national average +15.8%). Operating profit increased by 419.8% to 602.7 billion KRW (national average 62.9%).

The individual and separate sales of 15 KOSDAQ-listed companies were 1.5336 trillion KRW, up 18.8% from the same period last year (national average +11.4%).

Operating profit was 71.9 billion KRW, up 167.3% from the same period last year (national average +25.7%), and net profit was 69.8 billion KRW, up 208.7% (national average +76.6%).

The sales of KOSPI-listed companies were led by Hyundai Wia with 4.7482 trillion KRW, Doosan Heavy Industries & Construction with 2.5392 trillion KRW, Hyundai Rotem with 2.0492 trillion KRW, Hanwha Aerospace with 870.7 billion KRW, and Hyundai BNG Steel with 631.8 billion KRW.

Companies with increased sales compared to the same period last year included DY Power (+65.5%), Younghwa Metal (+38.5%), Haesung DS (+35.5%), Korea Steel (+31.2%), Samsung Air Conditioning (+26.5%), Hyundai BNG Steel (+25.4%), and GMB Korea (+22.1%), totaling 13 companies.

The sales of KOSDAQ-listed companies were led by Gyeongnam Steel with 247.2 billion KRW, EM Tech with 228.8 billion KRW, Samhyun Steel with 227.3 billion KRW, Sambo Industry with 211.4 billion KRW, and Woosoo AMS with 159.8 billion KRW.

Companies with increased sales compared to the previous year included Terra Science (+43.4%), Samyang Optics (+40.8%), Samhyun Steel (+39.0%), EM Tech (+38.3%), and Shinsung Delta Tech (+25.0%), totaling 12 companies.

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