Korea Investment & Securities Reports Q1 Net Profit of 262.1 Billion KRW, Up 172% QoQ
한국금융지주 subsidiary Korea Investment & Securities announced on the 4th that it recorded a net profit of 262.1 billion KRW in the first quarter of this year, a 171.5% increase compared to the previous quarter.
Revenue increased by 179.1% from the previous quarter to 8.2291 trillion KRW, and operating profit turned positive, reaching 287.1 billion KRW.
Korea Investment & Securities explained that this was the result of efficiently responding to market conditions based on a stable and diversified revenue base. Brokerage (BK) segment commission income increased thanks to the recovery of the global economic environment and the rise in trading volume in the domestic stock market. In the Asset Management (AM) segment, individual customer assets grew by supplying high-quality products such as prime bonds and issuance notes reflecting investor needs. Favorable market conditions, including interest rate declines, also contributed to solid performance in the asset management segment.
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A Korea Investment & Securities official stated, "We have strengthened digital innovation while proactively managing risks to prepare for uncertain market conditions," adding, "We are focusing on establishing a stable revenue base that remains resilient to market changes."
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