The Bank of Korea published its Financial Statement Analysis for 2024, reporting stronger growth and profitability indicators alongside broadly stable financial stability metrics. Overall sales growth improved from -2.0% to 4.2%, while the operating profit margin increased from 5.4% to 6.5%. By sector, operating margins rose in manufacturing (3.8% to 5.4%) and non-manufacturing (4.5% to 5.2%). On financial stability, the debt ratio edged down from 102.0% to 101.9% and the borrowing dependence ratio declined from 28.7% to 28.3%.
Bank of Korea 2025-06-11
Bank of Korea publishes 2024 financial statement analysis showing sales growth rebounded to 4.2% and operating margins rose to 6.5%
The Bank of Korea's Financial Statement Analysis for 2024 indicates improved growth and profitability, with overall sales growth rising from -2.0% to 4.2% and operating profit margins increasing from 5.4% to 6.5%. Sector-specific gains were noted in manufacturing and non-manufacturing. Financial stability metrics remained stable, with slight declines in the debt and borrowing dependence ratios.