Listed Firms Archives | Be Korea-savvy
Operating Profit of Listed Firms Likely Declined by 16% in 2023, According to Market Tracker

Operating Profit of Listed Firms Likely Declined by 16% in 2023, According to Market Tracker

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 [...]

Local Listed Firms Obligated to Issue English Regulatory Filings ‘In Stages’ from 2024

Local Listed Firms Obligated to Issue English Regulatory Filings ‘In Stages’ from 2024

SEOUL, Dec. 2 (Korea Bizwire) — South Korea’s financial regulator said Friday that it will obligate listed firms to provide corporate filings in English “in stages” from 2024 as it seeks to expand foreigners’ access to business information. “In consideration of the level of preparations by businesses, we will make it obligatory in stages centering [...]

Listed Firms’ Q3 Net Dips 37 pct amid Aggressive Rate Hikes, Economic Slowdown

Listed Firms’ Q3 Net Dips 37 pct amid Aggressive Rate Hikes, Economic Slowdown

SEOUL, Nov. 17 (Korea Bizwire) — Net profit of South Korean listed firms declined 37.04 percent in the third quarter this year from a quarter ago amid monetary policy tightening and a slowdown in the economy, the bourse operator said Wednesday. Consolidated net profit of 601 companies on the main KOSPI market totaled 27.67 trillion [...]

Listed Firms Urged to Prepare for ESG Disclosures

Listed Firms Urged to Prepare for ESG Disclosures

SEOUL, July 7 (Korea Bizwire) — South Korea’s bourse operator said Thursday that it will provide guidelines that meet global standards for listed firms’ disclosures for their environment, social and governance (ESG) management. The Korea Exchange (KRX) has been pushing for advanced ESG disclosure systems to match global standards, best represented by the International Sustainability [...]