Kiwoom Securities Joins 1 Trillion Won Net Income Club...Up 33.5% Year-on-Year

Commission and IB Drive Dual Growth

Kiwoom Securities has joined the 1 trillion won annual net income club for the first time in its history.

On February 4, Kiwoom Securities announced in a regulatory filing that, on a consolidated basis, its preliminary operating profit for last year came to 1.4882 trillion won, up 35.5% from a year earlier.

During the same period, revenue rose 51.8% to 171.217 trillion won, and net income increased 33.5% to 1.115 trillion won.

This is the first time Kiwoom Securities' net income has exceeded 1 trillion won. Net income attributable to owners of the parent company also surpassed 1 trillion won, climbing 33.4% to 1.1136 trillion won. Operating profit remained in the 1 trillion won range last year, following 2024.

In the fourth quarter of last year, consolidated operating profit was 345.6 billion won, up 91.8% from the same period a year earlier. Revenue and net income for the quarter also increased by 53.4% and 68.8%, respectively.

Kiwoom Securities explained, "Commission income from brokerage services increased due to the revitalization of the domestic and U.S. stock markets and higher trading volumes in market derivatives, and IB fee income also grew as we led numerous deals in project financing (PF) and acquisition finance for mergers and acquisitions (M&A)."

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