The combined corporate taxes to be paid by listed firms of South Korea's top 10 business conglomerates more than halved as their profits dropped in the first six months.The combined operating profit of 96 listed firms of the country’s 10 largest business groups in terms of assets came to 24.95 t
The average salary of registered executives at listed affiliates of South Korea's 10 biggest conglomerates was 13.6 times higher than that of their employees last year. The average salary for 301 registered executives at 94 listed affiliates of the top 10 business groups in terms of assets, excl
The National Pension Service (NPS) suffered a valuation loss of 14 trillion won (US$12.47 billion) last year from its investment in the shares of the listed companies affiliated with the country’s top 10 business groups.The NPS had an average of 7.76 percent stake in companies under the top 10 busin
About 1 in 10 affiliates of South Korea's top 10 business groups are listed as companies invested by foreigners or foreign corporations that are eligible for tax and other benefits.Under the Foreign Investment Promotion Act, foreign-invested companies refer to those in which offshore investors have
The dividend payouts, including interim dividends and dividends after the closing date of fiscal year, by listed firms of South Korea's top 10 business groups in terms of assets came to 45.92 trillion won (US$40.82 billion) between 2012 and 2016, according to the data compiled by industry tracker Ch
One out of every three affiliates of Korea’s 30 biggest chaebol companies is suffering from full-scale capital impairment or high debt ratios. According to Chaebul.com on Oct. 11, 80 of 1050 affiliates of Korea’s 30 largest business groups were in the plight of full-scale capital impairment accordin
The total debts of the 30 largest business groups swelled by 13.9 trillion won (US$11.7 billion) in 2014. Sixteen groups saw the percentages of their debts grow from the previous year. Their debts grew to a collective total of 137.5 trillion won (US$115.5 billion), which accounted for the bulk of th
As unfavorable conditions, such as exchange rates, has had adverse effects on the domestic stock market, the total stock value of the nation’s 30 stock-rich billionaires have dropped by more than 2 trillion won (US$1.7 billion) in two weeks.According to data compiled by market researcher Chaebul.com
According to the numbers, South Korea's 30 largest business groups saw their profitability plunge to the lowest level since the global financial crisis in 2008.According to data by Chaebul.com, the combined operating profit of the nation's 30 largest conglomerates by assets, excluding state-
On July 7, Amore Pacific lost more than 10 percent in the Korean stock market, and Chairman Seo Kyung-bae yielded the top spot to Samsung Group Chairman Lee Kun-hee on the list of the richest stockholders in Korea. The Amore Pacific chairman had risen to the top on July 2, briefly taking the Samsung
Nearly one out of four large listed companies, meaning those of which surpassed 1 trillion won (US$921.74 million) in sales last year, could not even meet their interest payments with their operating profits.According to Chaebul.com, 37 out of 157 listed companies that exceeded 1 trillion won (US$92
Amore Pacific Group Chairman Suh Kyung-bae overtook Samsung Electronics Vice Chairman Lee Jae-yong to become South Korea's second-richest man in stock value for the first time.According to data from Chaebul.com, Chairman Suh's stocks were valued at 8.4575 trillion won (US$7.67 billion) at the end of
The amount of indebtedness of Korea’s top 30 business groups has increased by nearly 26 trillion won (US$23.97 billion) in the past two years, surpassing a total of 600 trillion won (US$553.25 billion).According to the banking investment industry and Chaebul.com, the total amount of debt of the top
The combined cash reserves of the 10 major Korean business groups exceeds 125 trillion won.According to chaebul.com, the groups’ cash holdings on a consolidated basis reached 125.41 trillion won (US$116.97 billion) as of the end of Sept. this year to record a 15.1 percent increase from the end of la
Chaebul.com announced on Sept. 17 that the listed shares of Samsung Electronics Vice Chairman Lee Jae-yong, including those of Samsung SDS traded on the K-OTC market, totaled 3.5987 trillion won (US$3.4546 billion) in appraised value as of the end of the preceding day. The amount is divided into 1.0
A total of 35 individuals in Korea own total assets of more than one trillion won each as of the end of July, and only 10 out of the 35 have self-made fortunes.Chaebul.com recently looked into the personal assets of the largest shareholders and managers of 1,883 listed companies and 21,280 non-liste
The average life expectancy of Korean business tycoons has been the talk of the town.The average life span of the 31 founders and successors of the nation’s top 40 companies is 75.9 years, according to data compiled by Chaebul.com, a corporate information provider on large businesses.The number of p
Only 1.9 percent of registered executives with an annual salary of at least 500 million won (US$481,000) are women. Out of those, 12 are family members of corporate owners, with the only exception being SM Entertainment Director Nam So-young.Chaebul.com analyzed the individual salaries of registered
Samsung Electronics Chairman Lee Kun-hee was the person with the greatest dividends from the sales activities of Korean companies as of the end of the fiscal year of 2013. Hong La-hee, director of the Samsung Museum of Art and wife of the Chairman, took the highest rank for a woman.The survey was ma
The combined amount of dividends for Korean business tycoons was tallied at 245 billion won (US$228 million), compared with 240 billion won (US$225 million) in 2013, according to the data released on February 11 by Chaebul.com, a corporate information provider on large businesses.Samsung Electronics