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Domestic-focused firms far outpace exporters in profit growth
SEOUL, March 4 (Yonhap) -- Profit growth of domestic-oriented companies in South Korea has far outpaced that of exporters, as a strong local currency helped them reduce costs and gave them an advantage in price-setting, data showed Monday.

The combined net profit of 25 major domestic-focused firms here is estimated at 1.81 trillion won (US$1.67 billion) in the fourth quarter of 2012, up 104.3 percent from 888.5 billion a year earlier, according to the data by local financial information provider FnGuide Inc.





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