Anchor: More than half of the companies of the nation’s top five conglomerate groups yielded results that exceeded market expectations in the second quarter. However, key industries, including automakers and shipbuilders, are set to post minus growth this year. 
Our Bae Joo-yon has the latest figures for the South Korean conglomerates.
 
Report: As most South Korean listed firms publicized their filings for the second quarter, it was found that out of 35 companies under the nation’s top five conglomerates, 22 performed better than expected by the market during the second quarter.
 
Out of the 22 firms, seven took the market by surprise with their operating profit exceeding expectations by more than ten percent.
 
LG disclosed the performance of eight of its firms, five of which saw good results.
 
Out of Lotte’s nine listed subsidiaries, Lotte Fine Chemical and Lotte Chemical witnessed surprising performances.

SK Group unveiled the performance of only five out of its 15 subsidiaries. Three of them fared better than expected.

Despite a slump in exports, Hyundai Motor Group saw eight out of its eleven listed companies yield good results.

Samsung Group, though, failed to see better-than-expected results.
 
Only Samsung C&T Corporation logged an astonishing performance while Samsung Electronics, SDS and Cheil Worldwide saw earnings just hover around market expectations.
 
Meanwhile, Korea Development Bank projected that the nation’s key industries, including automobiles, shipbuilding, petrochemicals, semiconductors and cell phones, will post minus growth this year.  
 
In particular, the bank forecast that shipbuilding industries will see the total number of orders received plunge by roughly 92 percent this year compared to last year.
 
The bank issued a very pessimistic outlook for shipbuilding and shipping industries and a relatively negative outlook for the automobile, steel, general machinery, display and construction industries.
Bae Joo-yon, KBS World Radio News.