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KOREA'S SK GROUP ONLY LOSER IN TOP 10 CONGLOMERATES.

AsiaPulse News

| June 02, 2003 | COPYRIGHT 2003 Asia Pulse Pty Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

SEOUL, June 2 Asia Pulse - Among South Korea's 10 largest conglomerates, only the SK Group had its total market value decrease, according to the Korea Stock Exchange (KSE) Monday.

The total market value of the country's third-largest conglomerate was 18.68 trillion won (US$15.45 billion) as of May 30, down 5.93 trillion won or 24.1 per cent from the end of 2002.

The fall was mainly due to the SK Global crisis, but the total market value was still the third-largest among local corporations, the KSE said.

The rest of the 10 largest groups - Samsung Group, LG Group, Hyundai Motor Company, Hanjin Group, Hanwha Group, Hyundai Heavy Industries, Hyundai Group and Kumho Group - all increased their total market value.

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Source: HighBeam Research, KOREA'S SK GROUP ONLY LOSER IN TOP 10 CONGLOMERATES.

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