SEOUL (XINHUA) – South Korean big companies’ operating profit rose in double figures in the first quarter due to outperformance in the information technology (IT) sector, especially semiconductor producers, industry data showed yesterday.
The combined operating profit of 334 companies out of the country’s top 500 corporations in terms of sales surged 57.1 per cent in the January-March quarter compared to the same quarter of last year, according to local corporate data tracker CEO Score.
