Meritz Securities Reports Q1 Operating Profit of 239.7 Billion KRW, Down 36.4% YoY

Meritz Financial Group announced on the 12th that its subsidiary Meritz Securities posted a preliminary consolidated operating profit of 239.7 billion KRW for the first quarter of this year, a 36.42% decrease compared to the same period last year.

Revenue increased by 35.11% from the same period last year to 14.6233 trillion KRW, while net profit decreased by 29.24% to 199.8 billion KRW.