Daol Investment & Securities Posts 41.6 Billion Won in Cumulative Net Profit for Q3... Reaps Rewards of Business Restructuring

Daol Investment & Securities (CEO Hwang Junho) achieved an operating profit of 11.5 billion won in the third quarter, continuing its streak of three consecutive profitable quarters, thanks to years of business diversification and risk management efforts.

As of the third quarter this year, Daol Investment & Securities posted a cumulative (consolidated) operating profit of 37.1 billion won and a net profit of 41.6 billion won. Quarterly operating profit was 11.5 billion won, and net profit was 9.7 billion won, up 9 billion won and 5.2 billion won, respectively, compared to the same period last year.

Balanced growth across all business divisions, driven by the recovery of business capabilities, led to improved performance. The trading division maximized returns by responding swiftly to increased stock market volatility. Corporate and bond sales also contributed to performance by generating stable profits based on a solid institutional client network.

The newly established Strategic Sales Division also contributed to revenue diversification by quickly delivering results through structured finance, acquisition finance, and funding solutions for institutional clients. In addition to launching the Strategic Sales Division, Daol Investment & Securities established the Global Markets Division last month, accelerating business diversification and organizational improvement by expanding into the wholesale business sector.

A representative from Daol Investment & Securities stated, "For years, we have focused on the efficient allocation of available resources, prioritizing business diversification and risk management," adding, "We will make every effort to establish a stable profit structure for sustainable growth from a mid- to long-term perspective."

This content was produced with the assistance of AI translation services.