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Economic Report

Economic reports, briefs issued by Samsung Economic Research Institute

Corporate Growth and Profitability Worsen in 2012

Corporate Growth and Profitability Worsen in 2012

Oct. 28, 2013

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Korean companies showed slower sales growth and lower profitability in 2012 than the previous year. The Bank of Korea (BOK) released a report on the sales growth, profitability and capital structure of 464,425 domestic firms for 2012. According to the report, Korean companies' sales grew 5.1% year-on-year, more than halving from 12.2% in 2011. The corporate sales growth rate has been on the decline for the third consecutive year since 2010; the growth slowed from 15.3% in 2010 to 12.2% in 2011 and 5.1% in 2012. Furthermore, the 2012 figure hit the lowest since 2009 (2.6%) right after the global financial crisis.


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