Manage episode 294122472 series 2896467
Korean companies shrunk an average of 3.2 percent last year, according to a report released by the Bank of Korea Thursday, because of the coronavirus epidemic.
The proportion of companies unable to cover interest payments on debt hit a record high.
The central bank analyzed audits filed by the country’s 25,871 non-financial companies and released a gloomy overview of the previous year.
Full Article: https://koreajoongangdaily.joins.com/2021/06/03/business/finance/bank-of-korea-operating-margin/20210603185600197.html