Top 50 Business Groups’ Corporate Tax Payment Drops

Business Korea | May 4, 2021 at 5:03 AM
  • The net profits of exactly half of the 50 groups decreased and nine were in the red in 2020.
  • Only six out of the 50 succeeded in increasing their net profits for the third consecutive year in 2020.
  • The net profits of Samsung Electronics, SK Hynix, LG Chem, Samsung C&T, Samsung SDS, Lotte Chemical and S-Oil decreased for the third consecutive year.