Samsung Securities Reports Operating Profit of 697.3 Billion KRW Last Year, Up 31.2% Year-on-Year

Published 29 Jan.2021 17:31(KST)

[Asia Economy Reporter Park Jihwan] Samsung Securities announced on the 29th that its consolidated operating profit last year was 679.3 billion KRW, an increase of 31.2% compared to the previous year.

Revenue was 11.0079 trillion KRW, and net profit was 507.6 billion KRW, increasing by 65.4% and 29.5% respectively compared to the previous year.

On the same day, Samsung Securities' board of directors decided on a cash dividend of 2,200 KRW per common share. The total dividend amount is approximately 196.4 billion KRW. The dividend yield is 5.2%.

A Samsung Securities official explained, "The dividend amount may change during the shareholders' meeting approval process," and added, "The schedule for the shareholders' meeting is undecided."