ADD ANI AS A TRUSTED SOURCE
googleads
Menu
Business

Samsung, SK, Hyundai Motor see largest asset growth over 5 yrs

South Korea's top three conglomerates, Samsung, SK, and Hyundai Motor, saw the largest asset growth over five years, as per a report by Pulse, the english service of Maeil Business News Korea.

ANI Oct 22, 2025 10:27 IST googleads

Samsung Logo (Image/@SamsungNewsIN)

New Delhi [India], October 22 (ANI): South Korea's top three conglomerates, Samsung, SK, and Hyundai Motor, saw the largest asset growth over five years, as per a report by Pulse, the english service of Maeil Business News Korea.
According to an analysis conducted by corporate tracker CEO Score of 52 business groups with comparable assets between fiscal years 2019 and 2024, the total asset value of the groups rose 42.8 per cent from 1,897.3 trillion won (USD 1.3 trillion) in 2019 to 2,709.09 trillion won in 2024.
Among the business groups, the assets of the top five - Samsung, SK, Hyundai Motor, LG, and Lotte - jumped 38.9 percent from 1,143.6 trillion won to 1,588.07 trillion won during the same period, outpacing the total asset increase of the remaining groups combined.
Samsung Group recorded the largest gain, adding 164 trillion won in assets over five years, up 38.7 per cent to 589.1 trillion won.
SK Group, driven by SK hynix Inc.'s expansion, followed with a 60.9 per cent rise to 362.9 trillion won. Hyundai Motor Group grew 30.6 per cent to 306.6 trillion won amid strong global auto sales and investment in electric mobility.
By growth rate, Jungheung Construction Co. recorded the highest increase at 217.5 percent, largely due to the full reflection of its 2021 acquisition of Daewoo Engineering & Construction Co.
"The top five groups have far outperformed the remaining 47 in key indicators such as sales and operating profit," CEO Score said. "LG Group and Lotte Group, however, saw a decline in their operating profits due to losses in battery, chemical, and construction units." (ANI)

Get the App

What to Read Next

Business

India market "relatively resilient" compared to its Asian peers

India market

The deepening conflict in West Asia has placed the Indian economy and the broader Asian region in the "eye of the storm," as supply chain disruptions and surging energy costs threaten to trigger a significant negative growth shock.

Read More
Business

Finkurve Financial Services Limited (Arvog)

Finkurve Financial Services Limited (Arvog)

Mumbai (Maharashtra) [India], March 12: Finkurve Financial Services Limited (BSE: 508954), among leading Tech-first Gold Loan NBFC, announced that the Company has crossed Rs. 1,035 crore+ in Assets Under Management (AUM) surged by nearly 10x compared to FY23, marking a significant milestone in the company's growth trajectory within India's secured lending ecosystem.

Read More
Business

Gold Winner Expands Legacy with Launch of New Edible Oil Range

Gold Winner Expands Legacy with Launch of New Edible Oil Range

Chennai (Tamil Nadu) [India], March 12: Gold Winner, one of South India's most trusted edible oil brands, is expanding its legacy of quality and reliability with the launch of four traditional oils -- Gold Winner Groundnut Oil, Gold Winner Gingelly Oil, Gold Winner Coconut Oil, and Gold Winner Rice Bran Oil. With this expansion, the brand aims to position itself as the single trusted name for all cooking oil needs in Indian households.

Read More
Business

With India’s Fasteners Market Projected at USD 17 Billion by 2034

With India’s Fasteners Market Projected at USD 17 Billion by 2034

New Delhi [India], March 12: The Indian fasteners market continues to demonstrate strong momentum, having reached USD 11.2 billion in 2025 and is projected by the IMARC Group to surge to USD 17.0 billion by 2034, reflecting a robust CAGR of 4.67% during 2026-2034. This dynamic growth is fueled by the expansion of the automotive, construction, and industrial sectors, as well as increasing demand for high-performance, lightweight fasteners, and strategic government initiatives such as "Make in India." In this thriving context and to boost domestic manufacturing, Messe Stuttgart India has launched FASTNEX 2027 with its highly anticipated Signature Edition, set to take place from 8th to 10th February 2027 at the Bombay Exhibition Centre, Mumbai. The event stands as a crucial platform for industry professionals to showcase innovative products, access market intelligence, foster collaborations, and expand their business networks, ultimately contributing to the overall advancement of India's manufacturing sector.

Read More
Business

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Bajaj General Insurance Releases Guide to Lowering Car Insurance

Pune (Maharashtra) [India], March 12: Car insurance renewal is often seen as a routine administrative task, but it is much more than that. It presents an excellent opportunity to review your existing policy, assess whether your coverage still matches your needs, and take steps to optimise your premium. By understanding the key factors that influence car insurance costs, such as vehicle value, driving history, add-ons, and usage patterns, you can make informed adjustments that reduce expenses without compromising protection. Thoughtful planning and small, strategic choices at renewal can help you save money, maintain comprehensive coverage, and enjoy greater peace of mind on the road.

Read More
Home About Us Our Products Advertise Contact Us Terms & Condition Privacy Policy

Copyright © aninews.in | All Rights Reserved.