Mirae Asset Securities Reports Operating Profit of 845.9 Billion KRW Last Year, Down 43.1% from Previous Year

[Asia Economy Reporter Kim Young-won] Mirae Asset Securities announced on the 26th that its provisional operating profit for last year was 845.9 billion KRW, down 43.1% from the previous year.

During the same period, pre-tax profit was 843.9 billion KRW, a decrease of 48.6%, and net profit was 619.4 billion KRW, down 47.7%. Sales revenue increased by 48.3% year-on-year to 19.5052 trillion KRW.

The company explained that the decline in performance was due to interest rate hikes and increased market volatility.