S. Korean Q2 firms' sales down by 1.9pct


(MENAFN) S. Korean firms suffered a seatback in sales, but their profitability enhanced in the second quarter to a year earlier.Additionally, mutual sales in regional firms with assets worth more than USD10mn declined 1.9 percent in the April-June period from 2015.Meanwhile, conglomerates saw their sales decline, though the rate of drop slowed to a 2.3 percent on-year drop in the cited quarter.SMEs posted a 0.2 percent contraction in sales, compared with 2-percent expansion in the same period of 2015.


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