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In 2024, South Korean companies experienced a remarkable 20% surge in earnings.
South Korean companies' earnings surged by 20% in 2024, driven by semiconductor exports.
KEY POINTS
- Before-tax net profit reached 181.9 trillion won, up from 150.8 trillion won in 2023.
- Corporate R&D spending increased by 21.4% to 97 trillion won in 2024.
- 40.3% of South Korean firms now have international subsidiaries, mainly in China, the US, and Vietnam.
COMPANIES
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