Thursday, September 5th, 2013
But this is misleading given that the bulk of sales revenue and operating profit have been made by top-five groups and the remaining companies saw their sales revenue and operating profit shrink 1.6 and 15.2 percent, respectively. The aggregate operating profit, for example, of 15 Samsung Group companies was 20,196.6 billion won, up 37.6 percent from a year ago.
The 14 SK Group companies saw their combined operating profit jump 66 percent. LG Group and Lotte Group posted 19.7 and 4.7 percent higher operating profit from the first half of 2012. As for the 14 companies under Hyundai Motor Group, however, their first-half operating profit shrank 9.1 percent year on year. The operating profit of Hyundai Motor (-7.7%), Kia Motors (-21.0%), Hyundai Mobis (-4.7%), and Hyundai Steel (-31.1%) all turned to the south.
All other companies other than the top-five conglomerates suffered a setback in the first half. The operating profits of POSCO, Hyundai Heavy Industries, and Doosan Heavy Industries were down 10.0, 56.1, and 37.4 percent, respectively. Hanwha Group's five companies also saw their operating profit decline 21.2 percent in the January-June period.
