South Korea's top companies reported a first-quarter operating profit of over 100 billion US dollars, with over 60% coming from Samsung and SK Hynix.
Industry data released on Sunday showed that in the first quarter of this year, the operating profit of South Korea's top companies exceeded 156 trillion Korean won, with over 60% of the profit generated by the country's two major chip giants. According to data compiled by the corporate data organization CEO Score, among the top 500 companies in terms of revenue in South Korea, 328 companies collectively recorded an operating profit of 156.35 trillion Korean won in the first quarter of this year, representing a significant increase of 158.6% year-on-year. During the same period, total revenue of the companies increased by 29.4% year-on-year to 103.8 trillion Korean won, representing an increase of 235.3 trillion Korean won compared to the same period of the previous year. The combined operating profit of the world's two major chip companies, Samsung Electronics and SK Hynix, reached a high of 94.8 trillion Korean won.
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