SEOUL, Sept. 27 (Korea Bizwire) — Dividend payouts by South Korean listed companies jumped nearly 24 percent in the first half of the year amid their strong earnings, a corporate tracker said Monday. The combined amount of dividends paid out by 140 firms, including top-cap Samsung Electronics Co., came to 9.3 trillion won (US$7.9 billion) [...]
SEOUL, Sept. 13 (Korea Bizwire) — Almost half of South Korea’s listed companies cut their workforce in the first half of the year in the wake of the coronavirus pandemic, a think tank said Monday. In particular, the downtrend in their payrolls is likely to last for a considerable period of time due to the [...]
SEOUL, Sept. 12 (Korea Bizwire) — South Korean listed companies’ half-year dividends surged to a record high this year as their businesses posted strong performance, market data showed Sunday. A total of 62 local listed firms paid out 4.39 trillion won (US$3.75 billion) in interim dividends in June, up 66.9 percent from a year earlier, [...]
SEOUL, Aug. 19 (Korea Bizwire) — South Korea’s listed companies saw their earnings more than triple in the first half of 2021 from a year earlier as the global economic recovery from the pandemic steeply increased their sales, data showed Thursday. The combined net profit of 587 out of 664 firms, which are listed on [...]
SEOUL, July 7 (Korea Bizwire) — South Korean listed companies awarded nearly 2 trillion won worth of stock options in the first half of the year amid a bullish stock market and their efforts to lure talent, a corporate tracker said Wednesday. Executives and employees of the listed firms received stock options worth 1.98 trillion [...]
SEOUL, April 5 (Korea Bizwire) — Nearly a quarter of companies in South Korea failed to pay the interest on their debts in 2020 despite an overall rise in corporate earnings, a report said Monday. A total of 255 listed firms in Asia’s fourth-largest economy had an interest coverage ratio of less than 1 last [...]
SEOUL, Feb. 24 (Korea Bizwire) — South Korean listed companies’ dividend payouts soared nearly 47 percent in 2020 from a year earlier thanks to a jump in payments by top-cap Samsung Electronics Co., a corporate tracker said Wednesday. According to CEO Score, 613 firms listed on the main stock market paid out a combined 37.34 [...]
SEOUL, Feb. 7 (Korea Bizwire) — South Korea’s major listed firms’ cash dividends shot up 60 percent in 2020 from a year earlier, led mostly by top market cap Samsung Electronics, data showed Sunday. The combined amount of dividends handed out by 124 listed firms surveyed in 2020 reached 30.2 trillion won (US$26.8 billion), rising [...]
SEOUL, Jan. 11 (Korea Bizwire) — South Korean brokerage houses have slightly revised down their fourth-quarter earnings outlook for major listed companies amid the coronavirus pandemic, a market tracker said Monday. The combined operating income forecast for 164 major listed firms came to 32.7 trillion won (US$29.9 billion) for the October-December period as of Friday, [...]
SEOUL, Nov. 8 (Korea Bizwire) — Major listed firms in South Korea reported better-than-expected earnings in the third quarter, raising hopes for a quick recovery from the pandemic-hit economy, data showed Sunday. The combined operating income of 251 listed firms that disclosed earnings as of Friday totaled 32.6 trillion won (US$29.1 billion) for the July-September [...]