Kiwoom Securities Q2 Earnings Rise 22.8% to 133.4 Billion Won


SEOUL, Aug. 8 (Yonhap) — Kiwoom Securities Co. reported on Tuesday that their second-quarter net income had grown by 22.8 percent to 133.4 billion won (US$101.4 million).

Operating income for the April-June period increased by 42.1 percent to 180.9 billion won, while sales dropped 8 percent to 2.22 trillion won.

The earnings were lower than what analysts had predicted. According to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency, the average estimate of net profit was 159 billion won.

You might also like
Open chat
Need help?
Scan the code
Hello 👋
Can we help you?

Mark Silaev
Glosema Account Manager