Toss Securities Reports Q1 Net Profit of 11.9 Billion KRW... 8 Times Increase Compared to Last Year's Annual Net Profit
Overseas Stock Trading Volume Hits 'All-Time High'
Toss Securities announced on the 13th that it recorded a net profit of 11.9 billion KRW in the first quarter of this year. This is about eight times higher compared to the entire previous year. During the same period, revenue increased by 61% year-on-year to 79.9 billion KRW, and operating profit turned positive to 12.3 billion KRW, achieving the highest quarterly performance.
This is the first time since the launch of Toss Securities that quarterly operating profit and net profit each exceeded 10 billion KRW.
Additionally, overseas stock trading volume in the first quarter grew by 86% compared to the previous quarter, setting a new record. Domestic stock trading volume also increased by 70% during the same period.
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Kim Seung-yeon, CEO of Toss Securities, stated, "Starting from the second quarter of this year, we will offer new products to provide customers with the unique value and exceptional experience of Toss Securities," adding, "Please watch over the growth of Toss Securities."
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