Samsung Securities Reports Operating Profit of 740 Billion KRW Last Year, Up 28.1% YoY
Cash Dividend of 2,200 Won per Share Decided
Samsung Securities announced on the 26th that its consolidated operating profit for last year was tentatively estimated at 740.65 billion KRW, an increase of 28.1% compared to the previous year.
Last year's revenue recorded 13.17 trillion KRW, a decrease of 2.3% from the previous year.
Samsung Securities explained that the increase in operating profit last year was due to "improved performance driven by increased brokerage sales, profits and losses from IB and product management, and stabilization of financial income and expenses."
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On the same day, Samsung Securities decided on a year-end cash dividend of 2,200 KRW per common share. The total dividend amount is 196.46 billion KRW, with a dividend yield of 5.4%.
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