Daishin Securities announced on August 8 that its consolidated net profit for the second quarter of this year was 75.2 billion won, representing a 44.4% increase compared to the same period last year.
During the same period, revenue rose by 40.6% to 1.3221 trillion won, and operating profit increased by 274.6% to 135.7 billion won.
For the first half of the year, net profit totaled 152.1 billion won, up 44.6% from the same period last year, while operating profit was 174.5 billion won, a 59.7% increase.
The company explained that all business segments achieved balanced growth, with interest income rising by 56.7% year-on-year due to an increase in credit extension, and wealth management (WM) income up by 42.4% thanks to favorable conditions in the domestic stock market. The investment banking (IB) segment surged by 99.9% compared to the previous year.
Daishin Securities stated, "The growth of Daishin F&I also continued, supported by the revitalization of the non-performing loan (NPL) market."
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