South Korea: gross profit distribution of profit corporations by size

In 2019, gross profits of companies subject to cross-shareholding restrictions accounted for about 32 percent of total gross profits of for-profit companies in South Korea. Together with other large companies, they accounted for more than 50 percent of total gross profits that year.

Distribution of gross profit generated by profit corporations in South Korea in 2019, by size of corporation

Characteristic	Gross profit share
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Release date

December 2020

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Region

South Korea

Survey time period

2019

Supplementary notes

*The South Korean Monopoly Regulation and Fair Trade Act prohibits circular shareholding of business groups with total assets of ten trillion South Korean won or more. According to the law, a member company of a business group subject to limitations on circular shareholding "shall neither acquire nor hold shares of any affiliate that, in turn, acquires or holds shares of that member company."

Preliminary figures.

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