Who actually stayed profitable

Studies of profit streaks usually count large companies. This counts every company listed in Korea that filed a net profit in all 5 years — 2,049 of them. The answer is different when you count the whole market.

Profitable every year37.7%772 companies
Lost money every year9.4%193 companies
Slipped into loss19.4%398 companies
Climbed out of loss11.5%235 companies

We can only see 5 years. Our filed-accounts tape covers 2021–2025, so a run longer than that — a hundred straight quarters, say — is outside what we can check. Where a company did not file a net profit in one of these years we left it out entirely (660 companies) rather than reading the gap as a loss. That exclusion cuts one way: a company that listed part-way through, or stopped filing, is not in the count. What is left leans towards companies that were there for the whole run.

Profit alone is a low bar

Being in the black every year is one thing. Growing the profit every year is another. Of the 772 companies that never lost money, 40 also increased net profit in each successive year —2% of everyone we could count. Revenue rose every year at 369 companies.

CompanyClassificationRevenue 2025Net profit 2025
SAMSUNG C&T CORPORATIONWholesale and commodity brokerage40,7423,907
LS ELECTRIC CO., LTDElectrical equipment4,966284
SAMSUNG BIOLOGICS CO.,LTD.Pharmaceuticals4,5571,784
LIG Defense&Aerospace Co., Ltd.Fabricated metal products4,307237
HYUNDAI AUTOEVER CORPORATION.Publishing4,252187
DN AUTOMOTIVE CORPORATIONElectrical equipment3,676325
GAON CABLE CO.,LTDElectrical equipment2,54651
Samyang Foods Inc.Food products2,352389
ILJIN ELECTRIC CO.,LTDElectrical equipment2,045104
APR Co., Ltd.Chemicals and chemical products1,527290
NHN KCP Corp.Financial and insurance services1,23546
SILICON 2 Co.,Ltd.Wholesale and commodity brokerage1,116169
HK inno.N CorporationPharmaceuticals1,06376
MOBASE ELECTRONICS CO.,LTD.Motor vehicles and trailers1,04421
KOREA FUEL-TECH CORPORATIONMotor vehicles and trailers78644
SNTEnergy Co.,Ltd.Other machinery and equipment60684
KEPCO Engineering & Construction Company, IncArchitecture and engineering51985
Hugel, Inc.Pharmaceuticals425147
ST PHARM CO., LTD.Pharmaceuticals33255
GAMSUNG Corporation Co., Ltd.Wholesale and commodity brokerage25035
S&S TECH CORPORATIONElectronic components, computers and communications equipment24458
VITZROCELL Co.,Ltd.Electrical equipment24357
HY-LOK CORPORATIONBasic metals21551
MSC Co.,Ltd.Food products19823
Korea Credit Information CO., LTD.Facilities management17813

Amounts in billions of won. Ordered by revenue so the table has a fixed order — this is not a ranking, and appearing here is not a judgement about the company. Showing 25 of 40.

By classification

Share of each classification that was profitable in all 5 years. Listed alphabetically, not ranked. Classifications with fewer than 10 companies are left out because the share swings on one or two firms — 22 of them.