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More than 260,000 South Korean firms recorded zero net profit in 2017: NTS

2018-08-06 1 Dailymotion

New figures show more than 2-hundred-60-thousand firms in South Korea declared zero net profit in 2017,… the *highest since related data was first compiled back in 2012. <br /> The National Tax Service's report, released on Monday shows.... the number of companies posting zero net profit, which includes those making losses,... jumped by 9-point-8 percent in 2017 from the previous year.<br />The report added that.... such companies accounted for 38 percent of firms registered to pay corporation tax in South Korea.<br />On the other hand,.... large firms with a net profit of 8-point-9 million U.S. dollars or more.... increased by more than 12 percent,... marking almost 2-thousand-4-hundred. <br />

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