Bank of Korea - Financial Statement Analysis (Q3 2009)

Bank of Korea, Seoul

The Bank of Korea's analysis of Korean companies' financial statements reveals that all-industry sales in the third quarter of last year were 3% below the total achieved in the third quarter of 2008.

Korean-listed enterprises also saw sales decrease but their ratios of operating income to sales and income before taxes to sales increased relative to the same quarter of 2008.

Compared with the previous quarter, financial stability improved.

Click here to read the statement

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