SEOUL, KOREA - The share of Samsung Group and Hyundai Motor Group in Korean companies’ total operating profit exceeded the 30-percent level first in history.
According to Chaebol.com on January 13, the combined operating profit of Korea’s top-ten business groups totaled 61.2 trillion won. This figure accounts for 43.2 percent in Korean businesses’ total operating profit of 141.7 trillion won.
Of the total, the combined operating profit of Samsung and Hyundai Motor Group stood at 43 trillion won, accounting for 30.4 percent of the total.
The two groups’ share in the total has been on an upward trend, reaching 19.7 percent in 2009, 25.2 percent in 2010, and 24.6 percent in 2011. Their share passed the 30-percent mark first in 2012.
In contrast, the share of the remaining eight groups showed a downward trend, standing at 19.6 percent in 2009, 18.7 percent in 2010, 17.1 percent in 2011 and 12.8 percent in 2012.
