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Leading firms listed on the KOSDAQ have seen an increase in operating profits by more than 20 percent on average in the first half of this year, showing massive growth in performance.

After analyzing the results of the top 30 firms listed on the KOSDAQ in terms of market capitalization and their leading businesses during the first half of this year, Korea Exchange (KRX) announced on Aug. 30 that they have posted 228.2 billion won (US$193.88 million) in sales, 29.4 billion won (US$24.98 million) in operating profits, and 25.8 billion won (US$21.92 million) in net profits on average. It means that sales have increased by 10 percent, operating profits by 21.1 percent, and net profits by 36.3 percent from the same period last year.

Currently, 11 companies are in the digital content and biotechnology sectors among the top 30 firms listed on the KOSDAQ in terms of market capitalization. The figure has more than doubled from five companies at the end of 2009. Accordingly, the digital content and biotechnology sectors have become the leading business sectors, replacing the manufacturing sector, including information technology and equipment.

For the digital content industry, sales have increased by 12.3 percent from the same period a year ago, while operating profits and net profits have increased by 33.8 percent and 60 percent, respectively, far surpassing the overall results in the market with 5.3 percent of sales, 4.7 percent of operating profits, and 16 percent of net profits. Also, sales in the biotechnology sector have increased by 11.6 percent, while operating profits and net profits have increased by 21.6 percent and 18.7 percent, respectively.

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