Mirae Asset Securities Q1 Operating Profit 270.5 Billion KRW... 4% Decrease YoY

Industry's First Personal Pension Assets Surpass 10 Trillion Won

Mirae Asset Securities announced on the 9th that its consolidated operating profit for the first quarter of this year was tentatively estimated at 270.5 billion KRW, a 4% decrease compared to the same period last year.

Revenue was 6.2798 trillion KRW, down 8.5% year-on-year. Net profit decreased by 28.4% to 170.5 billion KRW.

Mirae Asset Securities explained, "Despite unresolved global economic and geopolitical uncertainties, we grew by enhancing customer convenience and spreading a culture of diversified investment in global quality assets."

Total pension assets recorded 35.9 trillion KRW, and for the first time in the industry, individual pension assets surpassed 10 trillion KRW.

Overseas stock balances reached 26.8 trillion KRW, and total customer deposit assets amounted to 421.1 trillion KRW.

Mirae Asset Securities plans to achieve stable results in the online brokerage business in emerging countries such as India, Vietnam, and Indonesia, and to secure new growth engines by diversifying revenue structures in advanced markets such as Hong Kong, New York, and London.