Kyobo Securities Reports Net Profit of 143.3 Billion KRW Last Year... Record High Performance (Comprehensive)

Record High Sales, Operating Profit, and Net Profit
Achieving the Triple Crown

Enhancing Shareholder Value through Differential Dividends

[Asia Economy Reporter Lee Jung-yoon] Kyobo Securities announced on the 8th that its consolidated net profit for last year was tentatively estimated at 143.3 billion KRW, a 38% increase compared to the previous year.

Sales increased by 27% from the previous year to 2.248 trillion KRW, and operating profit rose by 36% to 185.5 billion KRW.

Sales, operating profit, and net profit all reached record highs, with Kyobo Securities breaking its highest performance just one year after recording a net profit of 100 billion KRW last year. A Kyobo Securities official explained, "Last year, we achieved record-high performance through balanced profit generation across all business divisions, driven by strong brokerage (commission trading) and strategic businesses (IB and asset management divisions)."

Additionally, Kyobo Securities announced that it will pay differentiated dividends, with minority shareholders receiving 500 KRW per share (a dividend yield of 5.7%) and major shareholders receiving 100 KRW per share (a dividend yield of 1.1%). The company continues its differentiated dividend policy, which varies dividend payout ratios between minority and major shareholders, to maximize shareholder value, as it did last year.

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