Toss Securities Reports Operating Profit of 30.6 Billion KRW in First Half... Surpasses Annual Target

Toss Securities recorded an operating profit of 30.6 billion KRW in the first half of this year, achieving its annual target in just half a year.

Toss Securities achieved sales of 175.1 billion KRW in the second quarter, an 81.6% increase compared to the same period last year. Operating profit was 18.3 billion KRW, and net profit was 22.4 billion KRW. Since the second quarter of last year, operating profit and net profit have been positive for four consecutive quarters, showing steady growth.

Throughout the first half of this year, growth in the overseas stock brokerage segment drove overall performance improvement. Overseas stock trading volume increased by 96% compared to the same period last year, and domestic stock brokerage also rose by 38.7%.

Kim Seung-yeon, CEO of Toss Securities, stated, “In the first half of this year, we increased our market share in the overseas stock segment and achieved the approximately 30 billion KRW profit improvement made over the past year in just half a year. We expect to generate more than 60 billion KRW in operating profit annually through product diversification such as overseas bonds and additional revenue diversification in the second half of the year.”