Kyobo Securities Reports Q1 Operating Profit of 67.1 Billion Won, Up 67% Year-on-Year
Kyobo Securities announced on May 15 that it recorded a consolidated operating profit of 67.1 billion won and a net profit of 51.7 billion won in the first quarter of this year, achieving strong results.
These figures represent increases of 67% and 61%, respectively, compared to the same period last year, maintaining a solid performance trend.
This performance was driven by balanced growth and improved profitability across all business divisions, specifically: increased profits from bond management and trading, an expansion in securing new project financing (PF) deals with strong business potential, and higher commission income from overseas derivatives products.
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A Kyobo Securities official stated, "This achievement is the result of establishing a stable profit base through business portfolio diversification, combined with thorough risk management capabilities," adding, "We will continue to generate steady profits by discovering competitive financial products and high-quality deals."
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