The operating profit of listed electrical and electronics companies in 2020 increased by 64% compared to the previous year.

The Korea Economic Research Institute (President Kwon Tae-shin) released data on the 5th analyzing the financial statements of 1,017 non-financial companies listed on the KOSPI and KOSDAQ.

Among these, the electrical and electronics industry saw its profit margins significantly improve year-on-year, benefiting from the windfall from COVID-19.

The electrical and electronics industry saw a significant year-on-year increase in operating profit, rising 64%. Furthermore, the number of employees also increased by 4,749, a 1.7% increase.

In particular, in the electrical and electronics industry, the increase in operating profit of the top three companies, which account for only 1.9% of the number of companies, accounted for 91.0% of the increase in operating profit of the entire industry, and the polarization between the top three companies and the remaining companies was analyzed to be serious.