Home

The Korea Herald

Latest news

Most Popular

  1. 1

    Korean labor force to shrink by 10 million by 2044: report

    Korean labor force to shrink by 10 million by 2044: report
  2. 2

    Allegations surrounding BTS resurface, enraged fans demand apology

    Allegations surrounding BTS resurface, enraged fans demand apology
  3. 3

    'Super Rich in Korea' will leave viewers appreciating Korea more: producers

    'Super Rich in Korea' will leave viewers appreciating Korea more: producers
  4. 4

    Probe of first lady on Dior bag allegations set to begin

    Probe of first lady on Dior bag allegations set to begin
  5. 5

    Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations

    Top prosecutor pledges 'speedy, strict' probe into first lady's luxury bag allegations
  1. 6

    Medical feud leaves hospitals in financial crisis

    Medical feud leaves hospitals in financial crisis
  2. 7

    'Queen of Tears' riding high on Netflix chart

    'Queen of Tears' riding high on Netflix chart
  3. 8

    Chip up cycle won’t stay long: SK chief

    Chip up cycle won’t stay long: SK chief
  4. 9

    [KH Explains] Can tech firms' AI alliances take on Nvidia?

    [KH Explains] Can tech firms' AI alliances take on Nvidia?
  5. 10

    With Indonesia unable to pay full share, what’s next for KF-21 fighter project?

    With Indonesia unable to pay full share, what’s next for KF-21 fighter project?
소아쌤

[MONITOR] Companies see net profit rise, reduce R&D costs

By Korea Herald

Published : Nov. 23, 2016 - 18:33

    • Link copied


Last year’s drop in international oil prices has led to a drop in South Korean businesses’ decline in sales, but a raise in net profits, data by Statistics Korea showed.

The businesses, however, reduced research and development investment amid heightened concerns of a downward economy.

The data showed that as of 2015, the number of companies with 50 or more permanent employees and capital of 300 million won ($255,000) or over surged by 0.3 percent from the previous year to 12,460.

More from Headlines