KOSPI-Listed Companies Post Cumulative Operating Profit of 179 Trillion Won in Q3, Up 15% Year-on-Year

As of the third quarter of this year, the operating profit of KOSPI-listed companies reached 179 trillion won, marking a 15.1% year-on-year increase and setting an all-time high. KOSDAQ-listed companies also showed improved performance.

According to the Korea Exchange on November 18, the cumulative consolidated sales of December-closing companies on the KOSPI for the third quarter of this year amounted to 2,299.1183 trillion won, up 5.44% from the same period last year. Operating profit rose by 15.01% to 179.5678 trillion won, and net profit increased by 25.80% to 152.3269 trillion won. The operating margin and net margin improved by 0.65 percentage points and 1.07 percentage points, reaching 7.81% and 6.63%, respectively.

As of the end of September this year, the debt ratio stood at 109.5%, down 1.98 percentage points from the end of last year, indicating improvement.

Among the 639 companies analyzed on a consolidated basis, 502 companies, or 78.56%, posted cumulative net profits for the third quarter. This is 13 fewer companies than the same period last year. There were 124 companies in deficit, with 79 of them turning to a loss.

By industry, sales increased in 15 sectors, including electrical/electronics and chemicals, while sales decreased in five sectors, such as construction and non-metallics. Operating profit increased in 13 sectors, including electrical/electronics and general services, but decreased in seven sectors, such as transportation/warehousing and non-metallics.

For the third quarter of this year, sales reached 783.4704 billion won, up 2.72% from the previous quarter, while operating profit rose by 32.99% to 69.2163 trillion won. Net profit increased by 55.52% to 61.4002 trillion won.

For 42 financial companies, cumulative consolidated operating profit and net profit for the third quarter increased by 3.0% and 11.3%, respectively, compared to the previous year. Securities firms saw operating profit rise by 32.1% and net profit by 36%, while financial holding companies posted increases of 1.9% in operating profit and 13.7% in net profit.

For KOSDAQ-listed December-closing companies, cumulative consolidated sales for the third quarter reached 213.284 trillion won, up 6.71% year-on-year, while operating profit grew by 9.74% to 8.8358 trillion won. Net profit increased by 16.59% to 5.3457 trillion won. The operating margin was 4.14%, up 0.11 percentage points from the same period last year, and the net margin was 2.51%, up 0.21 percentage points.

Third quarter sales and operating profit were 72.4176 trillion won and 3.2458 trillion won, respectively, representing decreases of 1.38% and 4.67% from the previous quarter.

At the end of the third quarter, the debt ratio of KOSDAQ-listed companies was 112.78%, up 7.45 percentage points from the end of last year.

Out of 1,217 consolidated companies, 678 posted cumulative net profits for the third quarter, while 539 recorded losses.

By industry, cumulative sales for the third quarter increased in 18 sectors, including distribution and pharmaceuticals, while sales decreased in five sectors, such as construction, real estate, and metals. Net profit increased in 13 sectors, including general services and chemicals, but decreased in 10 sectors, such as textiles/apparel.

For companies included in the KOSDAQ 150 Index, cumulative sales and operating profit for the third quarter increased by 10.64% and 13.74%, respectively, compared to the same period last year. The operating margin for KOSDAQ 150 Index companies was 7.40%, which is 4.49 percentage points higher than the 2.91% for non-index companies. This also represents a 0.20 percentage point improvement from the same period last year. For companies included in the KOSDAQ Global Segment, sales and operating profit increased by 0.06% and 10.35%, respectively.

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