Daegu’s 50 Listed Companies: Operating Profit Down 7.1%, Net Profit Down 28% in H1... Daegu Chamber of Commerce Analysis

The Daegu Chamber of Commerce and Industry (Chairperson Park Yoonkyung) announced on the 25th that, based on an analysis of the consolidated financial performance of 50 listed companies in the Daegu region (19 KOSPI-listed, 31 KOSDAQ-listed), the total sales of these companies for the first half of 2025 reached 37.0509 trillion won. This figure represents an increase of 0.3%, or 127.4 billion won, compared to the first half of 2024.

However, operating profit was 1.9294 trillion won, a decrease of 7.1%, or 146.8 billion won, compared to the same period last year. Net profit for the period was 886.1 billion won, a decrease of 28.0%, or 345.3 billion won.

Daegu Chamber of Commerce and Industry

The top three companies in terms of sales for the first half of 2025 remained the same as in the first half of 2024: Korea Gas Corporation (20.3628 trillion won), iM Financial Holdings Co., Ltd. (4.1069 trillion won), and SL Corporation (2.5284 trillion won). The top 10 companies accounted for 86.8% of the total sales of all listed companies in the Daegu region for the first half of the year. There were three companies with sales exceeding 1 trillion won and 27 companies with sales exceeding 100 billion won. Additionally, Isu Petasys Co., Ltd., which ranked 12th in sales in the first half of 2024, entered the top 10 by ranking 10th in the first half of 2025.

By industry, the transportation sector (up 10.1%), manufacturing sector (up 1.8%), and electricity and gas sector (up 0.3%) saw increases in sales, while the construction sector (down 15.8%), distribution sector (down 1.4%), and financial sector (down 1.0%) experienced decreases.

Among the 38 manufacturing companies, sales increased in the electrical, electronics, and semiconductor sector (up 25.3%), medical and bio sector (up 16.1%), and auto parts sector (up 4.5%). In contrast, sales decreased in the textile sector (down 34.0%), secondary battery sector (down 20.9%), and materials and chemical sector (down 3.3%).

Compared to the same period last year, 26 companies (52.0%) recorded increased sales, while 24 companies (48.0%) saw a decrease. Eighteen companies (36.0%) reported increased operating profit, while 32 companies (64.0%) saw a decrease. Nineteen companies (38.0%) recorded increased net profit for the period, while 31 companies (62.0%) saw a decrease.

The top companies in terms of sales growth were THN Co., Ltd. (up 111.5 billion won), Isu Petasys Co., Ltd. (up 89.6 billion won), and Avaco Co., Ltd. (up 80.7 billion won).

The number of companies reporting a net profit for the period was 29, a decrease of 7 companies (14.0 percentage points) compared to the same period last year. Among these, 29 companies (56.0%) continued to post profits, 1 company (2.0%) turned profitable, 13 companies (26.0%) continued to record losses, and 8 companies (16.0%) shifted from profit to loss.

Lee Sanggil, Executive Vice Chairman of the Daegu Chamber of Commerce and Industry, stated, "It appears that the worsening performance of local companies is a result of various deteriorating internal and external conditions, including tariffs imposed by the United States." He added, "In order for companies to have more opportunities to rebound despite the challenging environment, legislative and institutional support to create a more business-friendly environment is urgently needed."

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