SOUTH Korea’s corporate revenue grew more slowly last year due to the sluggish performance of the oil refining and construction industries, central bank data showed Wednesday.
Revenue for 13,918 manufacturers and 20,538 non-manufacturers subject to external audit, excluding financial firms, rose 2.5 per cent in 2025 from a year earlier after expanding 4.2 per cent in the previous year, according to the Bank of Korea (BOK). Sales by manufacturers swelled 3.2 per cent last year, slower than an increase of 5.2 per cent in the prior year.
Revenue for non-manufacturers gained 1.6 per cent in 2025 after going up 3.0 per cent in 2024. Revenue among construction companies declined 9.6 per cent last year, while those in the oil refining, chemical and electrical equipment sectors reduced in single digits. Corporate profitability improved.
The ratio of operating profit to revenue advanced to 6.2 per cent in 2025 from 5.4 per cent in the previous year. The ratio for manufacturers climbed from 5.5 per cent to 6.9 per cent in the cited period amid higher semiconductor price, while the reading for non-manufacturers mounted from 5.2 per cent to 5.4 per cent.
Xinhua
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