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An official website of Statistics Korea to implement the e-government initiative of the Republic of Korea.

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Statistical Terms

Income statement

Definition
  • Refers to dynamic financial report, which shows the net income or expense incurred over a specific accounting period, that clearly reports the management performance of an enterprise
Commentary
  • Provides users useful accounting information in judging the profitability of an enterprise.
Source Korea Engineering and Consulting Association (Business Analysis of Engineering Service Industry)
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