top biz groups retained earnings rate hits record high
Last Updated : GMT 09:07:40
Egypt Today, egypt today
Egypt Today, egypt today
Last Updated : GMT 09:07:40
Egypt Today, egypt today

Top biz groups retained earnings rate hits record high

Egypt Today, egypt today

Egypt Today, egypt today Top biz groups retained earnings rate hits record high

Seoul - Yonhap
The retained earnings rate of South Korea's top 10 conglomerates reached record high levels in 2013 despite their pledges to increase investments and hiring, a report showed Sunday. The internal cash reserves of the 70 listed companies belonging to the largest business groups whose fiscal year ended in December stood at 1,578.5 percent, the report by FN Guide said. The figure marks a 164.3 percentage point gain from a retention rate of 1,414.2 percent tallied for the year before.
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top biz groups retained earnings rate hits record high top biz groups retained earnings rate hits record high



 
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