View of Korea Exchange Headquarters (Yonhap)
SEOUL, Jan. 8 (Korea Bizwire) – Listed companies in South Korea probably saw their total operating income sink 16 percent on-year in 2023 due mainly to the sluggish chip business, a market tracker said Monday.
The combined operating income of 247 listed firms is estimated at 297.9 trillion won (US$226 billion) last year, compared with 356.2 trillion won a year earlier, according to FnGuide.
The latest estimate is down 25 percent from their forecast made at the start of last year.
The companies cover corporations for which three or more securities companies have put forward earnings projections.
(Yonhap)
