free cash flow Archives | Be Korea-savvy

Large S. Korean Firms Sit on Huge Cash Pile amid Greater Uncertainty

SEOUL, Nov. 25 (Korea Bizwire) — Large companies in South Korea sharply increased their cash reserves over the past year amid increased uncertainty due to the coronavirus pandemic, a corporate tracker said Wednesday. The cumulative free cash flow of 259 listed firms came to 28.1 trillion won (US$25.3 billion) as of the end of September, [...]

Listed Firms’ Cash-generating Capability Worsens

SEOUL, Dec. 18 (Korea Bizwire) — The amount of cash generated by major listed firms via business operation declined in the first three quarters of the year, portending a decline in their dividend payments and capital spending going forward, an industry tracker said Wednesday. According to CEO Score, the combined free cash flow of 258 [...]