South Korean firms suffer declines in sales, operating income
Samsung Electronics
Seoul - Yonhap
South Korea's leading listed companies saw their sales and operating profits decline in 2014, as the country's top conglomerate firms, such as Samsung Electronics Co. and Hyundai Motor Co., reported weaker than expected bottom lines, a report showed Monday.
The combined operating profit of 1,103 non-financial firms traded on the country's main and secondary stock exchanges plunged 17.9 percent on-year during the first three quarters of last year, according to the report by the Federation of Korean Industries (FKI).
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