Specialized financial company Korea Capital announced on the 17th that it achieved its highest-ever performance by growing its net profit by more than 20% compared to the previous year.
Korea Capital reported operating profit of 96.87 billion KRW and net profit of 81.14 billion KRW last year. Operating profit increased by 17.9% and net profit by 22.6% year-on-year, recording double-digit growth rates.
Its asset size grew by 14.4% compared to the previous year, reaching 4.46 trillion KRW. This is the first time since its establishment that assets exceeded 4 trillion KRW on a full-year settlement basis.
A Korea Capital official explained, “By strengthening sales capabilities across all business sectors including corporate, retail, auto, and leasing, we expanded asset size beyond 4 trillion KRW, increasing interest income. Along with this, non-interest income such as fees and investment gains in the corporate finance sector also increased, driving net profit growth.”
Despite challenging financial market conditions such as real estate risks, high interest rates, and strengthened financial regulatory measures, the company flexibly responded to market changes through a diversified business portfolio, continuing net profit growth for seven consecutive years. It simultaneously achieved external growth and internal strengthening, setting a new record for its highest-ever performance once again.
Korea Capital plans to pay a cash dividend of 30 KRW per share after approval at the regular shareholders' meeting. Since 2011, it has consistently returned profits to shareholders through dividends based on solid profitability for 14 years.
The company is also actively pursuing strategies for sustainable growth. Earlier this year, Korea Capital established an Investment Finance Division to expand investments in promising future industries. To proactively manage risks, it is strengthening CSS (credit scoring system) handling standards, introducing an AI risk assessment model for personal rehabilitation prediction, and developing its own retail finance recovery model, aiming to secure profitability and soundness from a mid- to long-term perspective.
The company stated, “Since soundness management leads to profitability amid financial market uncertainties, this year we plan to thoroughly manage risks across all business sectors including corporate finance and retail finance. We will strive to maintain high growth and achieve our 2025 goals of 5 trillion KRW in assets and 100 billion KRW in net profit, strengthening our position as a top-tier capital company in the domestic market.”
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