Shinyoung Securities Records Pre-Tax Profit of 127.9 Billion Won in 2021
[Asia Economy Reporter Kwon Jae-hee] Shin Young Securities announced on the 20th that its consolidated pre-tax profit for the 2021 fiscal year (April 2021 to March 2022) reached 127.9 billion KRW.
During the same period, sales amounted to 2.1796 trillion KRW, a 23.7% decrease compared to the previous year.
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Shin Young Securities stated, "Due to the impact of stock price declines and interest rate increases, operating income decreased compared to the previous year, resulting in a slight reduction in profits," and added, "Excluding the unusually favorable last fiscal year due to favorable market conditions, the performance is solid."
This content was produced with the assistance of AI translation services.
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