Seoul listed firms' debt-repaying ability improves in 2013
Seoul - Yonhap
The ability of South Korean listed companies to pay back their debts improved last year due mainly to a rise in their operating profits and lower financial costs, data showed Monday. The average interest coverage ratio of 613 firms listed on the main bourse came to 4.84 last year, compared with 4.23 tallied a year earlier, according to the data compiled by the Korea Exchange (KRX).
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The Astra-06 apparatus developed by specialists of Russian Space Systems (RSS) was used for the first time as additional telemetric equipment aboard the manned Soyuz MS-11 spacecraft launc...Read More
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