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South Korea’s top three conglomerates—Samsung, SK, and Hyundai—led a major asset surge from 2019 to 2024, driving national growth despite declines at LG and Lotte.
South Korea’s top three conglomerates—Samsung, SK, and Hyundai Motor—led asset growth from 2019 to 2024, with Samsung adding 164 trillion won to reach 589.1 trillion won, SK Group surging 60.9% to 362.9 trillion won, and Hyundai Motor Group growing 30.6% to 306.6 trillion won.
The top five groups accounted for 38.9% of the overall 42.8% increase in assets among 52 major business groups, rising to 1,588.07 trillion won.
While sales and operating profits rose for the top five, LG and Lotte saw declines due to losses in key sectors.
Jungheung Construction recorded the highest growth rate at 217.5% following a 2021 acquisition.
Los tres principales conglomerados de Corea del Sur - Samsung, SK y Hyundai - lideraron un gran aumento de activos de 2019 a 2024, impulsando el crecimiento nacional a pesar de las caídas de LG y Lotte.