my timesThe Korea Times
  1. Economy

Listed firms' 3rd quarter's consolidated net rises on tech gains

Listen
  • Published Dec 2, 2012 12:14 pm KST
  • Updated Dec 2, 2012 12:14 pm KST

Korean listed companies saw their consolidated earnings jump 53.03 percent in the third quarter from a year earlier on the back of improved performances of electronic manufacturers, a report showed Sunday.

Net profit of 161 firms increased to 21.7 trillion won (US$20.1 billion) in the July-September period from 14.2 trillion won tallied a year earlier, the report by the Korea Exchange (KRX) and the Korea Listed Companies Association said.