41% of top 100 firms delisted in decade

41% of top 100 firms delisted in decade

About 41 percent of firms that were in Korea’s top 100 listed companies 10 years ago are no longer publicly traded, data showed Wednesday.

According to market researcher CEO Score, 27 of the 41 companies were delisted after suffering financial problems, and 14 disappeared due to mergers or other reasons.

Nearly 27 percent of the eliminated firms were exporters in IT, electronics, shipbuilding and construction, the data showed.

Companies that replaced them depend on domestic demand, with 36.6 percent in the food and beverage, service and retail sectors.



Leave a Reply

Your email address will not be published.