KTB Securities Sailing Smoothly... Record High Net Profit of 174.1 Billion KRW in 2021

[Asia Economy Reporter Kwon Jae-hee] KTB Investment & Securities continued balanced growth across all sectors, achieving the highest performance for three consecutive years since its transition to a securities company. This marks the best performance in the company's history since its founding.

On the 26th, KTB Investment & Securities announced that its consolidated operating profit for 2021 reached 143.3 billion KRW, and net profit was 174.1 billion KRW. These figures represent more than double the previous year, increasing by 115.5% and 129.2%, respectively.

All business divisions grew evenly, driving the strong performance. The Investment Banking (IB) division strengthened risk management and focused on high-quality transactions, achieving results reaching 106% compared to the previous year. The Retail division led growth with a solid customer base, increasing active accounts by 160% year-on-year through new customer acquisition marketing and expanded partnership services.

Subsidiaries also performed well. The venture capital (VC) firm KTB Network set a new record for the highest profit following its KOSDAQ listing and continued growth from the previous year. Operating profit was 82.7 billion KRW, and net profit was 64.0 billion KRW, growing 85.2% and 78.8% year-on-year, respectively. Notably, it successfully led initial public offerings (IPO) and mergers & acquisitions (M&A) for companies such as Baedal Minjok, StyleShare, and WantedLab, recovering investment funds.

Additionally, the corporate values of currently invested companies such as Toss (Viva Republica), Vernect, and SMLab continue to rise.

Moreover, many overseas invested companies, including the U.S. online advertising firm Moloco, Indian social commerce platform Trell, and China's top automotive semiconductor company Horizon Robotics, have become unicorns, raising expectations for high investment returns this year as well.

A KTB Investment & Securities official stated, "All affiliates are achieving quality growth based on solid performance," adding, "We will proactively strengthen risk management to adapt to rapidly changing internal and external environments and create new revenue sources through various collaborations with fintech companies in line with the evolving financial environment."

This content was produced with the assistance of AI translation services.