Incheon

The operating profits of major domestic conglomerates, which bottomed out in the fourth quarter of last year, maintained a recovery trend in the second quarter following the first quarter of this year. Performance has improved significantly, especially in the automobile and parts sectors, and expectations for a rebound in performance in the second half of the year are growing as the IT and electrical and electronics sectors have also bottomed out.

On the 15th, the CEO Score of the Enterprise Data Research Institute compared the performance of the 2nd quarter of this year for 305 companies that submitted quarterly reports by the 14th among the top 500 domestic companies in sales. 340.4 billion won, down 55.5% from the same period last year (52.3947 trillion won) and 6.7% from the previous quarter (25.253 trillion won). Sales during the same period were 666.361 trillion won, down 5.2% from the same period last year (702.7968 trillion won).

The operating profits of these conglomerates hit a record high of 52.3947 trillion won in the second quarter of last year. However, it bottomed out in the third quarter (37,921.1 billion won) and fourth quarter (11,267.6 billion won) of the same year. Since then, it has recovered to 25.253 trillion won in the first quarter of this year. In the second quarter, it was recorded at KRW 666.361 trillion, down 5.2% from the same period last year.

By industry, the decrease in operating profit was the largest in IT and electronics. The IT/electronics industry recorded an operating profit of 20.6535 trillion won last year, but in the second quarter of this year, it recorded an operating loss of 695.4 billion won, a sharp decrease of 21.3489 trillion won. This is because the semiconductor industry has been sluggish since the second half of last year, and the operating profits of Samsung Electronics and SK Hynix have decreased significantly.

In addition, the industries with the largest decline in operating profit were petrochemicals (-10,323.8 billion won, 90.0%↓), transportation (-3,223.9 billion won, 67.4%↓), and steel (-897.8 billion won, 51.5%↓). ), construction and construction materials (-556 billion won, 25.2%↓), pharmaceuticals (-354.5 billion won, 39.8%↓), credit finance (-211.7 billion won, 15.1%↓), food and beverage (-193.2 billion won, 13.8% ↓), trading (-177.1 billion won, 22.3%↓), household goods (-144.1 billion won, 13.0%↓), services (-140.2 billion won, 6.3%↓), securities (-89.2 billion won, 5.5%↓) ), followed by distribution (-6.4 billion won, 1.2%↓).

On the other hand, operating profit increased in automobiles/parts, shipbuilding/machinery/facility, etc. Among the industries that recorded a surplus, the automobile and parts industry saw the largest increase in operating profit, with an increase of 3.3623 trillion won (52.7%) from 6.3792 trillion won in the second quarter of last year to 9.7415 trillion won this year.

Operating profit also increased in the shipbuilding/machinery/facility (KRW 1,301.1 billion, 212.7%↑), energy (KRW 200.7 billion, 45.2%↑), and telecommunications (KRW 160.4 billion, 13.7%↑) sectors, while the electricity bill for public enterprises Due to the increase, etc., the size of the deficit improved by 3,588.1 billion won compared to the same period last year.

By company, Samsung Electronics’ operating profit decreased the most. Samsung Electronics’ operating profit was 14.97 trillion won in the second quarter of last year, but plunged by 13.4285 trillion won (95.3% ↓) to 668.5 billion won in the second quarter of this year. SK Hynix’s operating profit in the second quarter of this year decreased by 7.747 trillion won from the same period last year (4.1926 trillion won), turning into a loss with an operating loss of 2.8821 trillion won.

The company with the next largest drop in operating profit was HMM. Operating profit in the second quarter of this year decreased by 2,776.9 billion won (94.5% ↓) compared to the same period last year. It was followed by GS Caltex (-2,151.3 billion won, turn to deficit), SK Energy (-2,083.4 billion won, turn to deficit), S-Oil (-1,685.6 billion won, 97.9%↓), HD Hyundai Oilbank (-1 334.1 billion won, 97.4%↓), Korea Hydro & Nuclear Power (-754.2 billion won, deficit expansion), Hanwha (-615.9 billion won, 67.3%↓), and GS E&C (-578.1 billion won, deficit conversion) followed. .

Among surplus companies, the increase in operating profit was Hyundai Motor Company (KRW 1.2581 trillion, 42.2%↑), Kia (KRW 1.169 trillion, 52.3%↑), Samsung Heavy Industries (KRW 314.7 billion, turned to black), and LG Energy Solutions (2650 KRW). KRW 100 million, 135.5%↑), Hyundai Mobis (KRW 260.4 billion, 64.6%↑), Hyundai Samho Heavy Industries (KRW 223.8 billion, turned to black), Samsung C&T (KRW 216.4 billion, 38.9%↑), Samsung Engineering (KRW 191 billion) ·124.5%↑)

[ 경기신문 = 백성요 기자 ]

2023-08-15 03:22:47
#Operating #profit #Koreas #top #companies #recovery #trend #centered #cars #parts

Samsung Electronics is looking for new startups to lead ‘K-Innovation’.

Until August 18th, Samsung Electronics is holding the ‘C Lab Outside’ contest to discover and nurture innovative startups and contribute to vitalizing the domestic startup ecosystem.

This contest, which is being held for the 6th time, is the first time that C Lab Outside Seoul, Daegu, Gyeongbuk, and Gwangju will be held simultaneously in four regions to discover promising startups nationwide.

Anyone registered as a corporation in Korea at the investment stage Series B or lower can apply on the ‘Samsung C Lab’s website.

In particular, the existing support qualifications, which were limited to companies founded less than 5 years ago, have been expanded to start-ups at the investment stage of Series B or lower starting this year, enabling support not only for start-ups in the early stages but also for start-ups in the full-fledged business expansion stage. .

This contest seeks startups with next-generation innovative technologies in eight fields: ▲AI ▲Contents & Service ▲Digital Health ▲IoT Device ▲Mobility ▲Robotics ▲Materials & Parts ▲ESG.

Recruitment fields were selected by reflecting global technology trends and technologies that can lead positive changes in society. This year, materials & parts fields were added, and AI and digital health fields were expanded.

Early this year, Samsung Electronics launched C Lab Outside Gwangju, Daegu, and Gyeongbuk one after another and established a C Lab Triangle Belt, taking the lead in creating a full-fledged local startup ecosystem, revitalizing the local economy, and creating quality jobs.

Among the startups selected for ‘C Lab Outside’, startups with potential for business ties with Samsung Electronics will be given opportunities to actively cooperate in business and attract investment through business meetings with the relevant divisions and PoC (Proof of Concept). provides

In addition, for start-ups selected for ‘C Lab Outside’, ▲ business support of up to KRW 100 million without acquiring a stake ▲ dedicated work space ▲ customized mentoring in HW/SW/appliance fields provided by Samsung Electronics employees ▲ domestic and international IT exhibitions such as CES Participation ▲ Free transfer or use of patents owned by Samsung Electronics is provided.

Park Hak-gyu, president of Samsung Electronics’ Business Support Office, said, “We look forward to the support of startups that will grow further through Samsung Electronics’ C Lab and create a continuous cooperation system with Samsung Electronics.” We will contribute to vitalizing the startup ecosystem.”

[ 경기신문 = 이지민 기자 ]

2023-07-17 01:13:43
#Samsung #Electronics #CLab #Startup #Contest