Mirae Asset Daewoo Opens Era of 1 Trillion KRW Operating Profit, First in Financial Investment Industry
[Asia Economy Reporter Song Hwajeong] Mirae Asset Daewoo announced on the 28th that it recorded a provisional operating profit of 1.1047 trillion KRW, a pre-tax profit of 1.1284 trillion KRW, and a net profit of 818.3 billion KRW on a consolidated basis last year, becoming the first in the securities industry to achieve an operating profit of 1 trillion KRW.
This represents an increase of 52%, 26%, and 23% respectively compared to the previous year, marking the highest performance in the financial investment industry.
A Mirae Asset Daewoo official stated, “We opened the era of pre-tax profit of 1 trillion KRW by showing balanced performance across all business divisions including overseas business, wealth management (WM), investment banking (IB), and trading. Mirae Asset Daewoo will solidify a balanced profit structure based on thorough risk management in the full-fledged money move era and establish itself as a global top-tier IB through qualitative growth.”
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Additionally, Mirae Asset Daewoo announced a share repurchase of approximately 100 billion KRW to enhance shareholder value.
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