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Top 10 Groups’ Operating Profit Dips 60 pct in 2019

Top 10 Groups’ Operating Profit Dips 60 pct in 2019

SEOUL, April 1 (Korea Bizwire) — Listed units of South Korea’s top 10 business groups saw their combined operating income plunge nearly 60 percent in 2019 due to a Sino-U.S. trade war and Japan’s export controls, a market tracker said Wednesday. The total operating income of 94 non-financial listed firms belonging to the family-controlled conglomerates [...]