Korea Capital Posts 46.2 Billion KRW in Cumulative Net Profit for First Half, Sustaining Solid Growth

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Korea Capital, a specialized credit finance company, continued its growth in the second quarter of this year, moving closer to its goal of achieving 100 billion KRW in net profit.

On August 18, Korea Capital announced that it recorded a cumulative operating profit of 61.18 billion KRW and a net profit of 46.23 billion KRW for the second quarter of this year. These figures represent increases of 29.7% and 11.8%, respectively, compared to the same period last year.

In the second quarter alone, operating profit reached 32.15 billion KRW and net profit was 24.17 billion KRW, marking year-on-year growth of 41.4% and 22.2%, respectively.

The company stated, "Balanced growth in operating assets across portfolios such as corporate, investment, retail, auto, and leasing, as well as an increase in non-interest income, drove performance growth in the first half of the year." It added, "In the second half, we plan to maintain a stable profit base through balanced growth across all business sectors, while also enhancing profitability by reducing credit loss expenses through risk management."

As of the end of the first half, Korea Capital's total assets stood at 4.76 trillion KRW, demonstrating continued external growth. Its leverage ratio, a key indicator of financial soundness, remained low at 6.7 times.

A Korea Capital representative said, "By the end of this year, we expect to surpass 5 trillion KRW in operating assets, achieve 100 billion KRW in net profit, and maintain a ratio of non-performing loans at around 1.4%. We will make every effort in the second half to lay the groundwork for a credit rating upgrade in 2026."

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