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Mirae Asset profit eclipses 3 of Korea’s big 4 banking groups
['Choi Yeon-Jae']
The korea Herald News Rss
Mirae Asset Securities also became the first Korean brokerage to post net income of more than 1 trillion won for two consecutive quarters.
For the first half, Mirae Asset Securities’ net income soared 338 percent on-year to 2.91 trillion won, while pretax profit jumped 349 percent to 3.89 trillion won.
That placed the brokerage third among Korea’s major financial groups by first-half net income, behind KB Financial’s 3.88 trillion won and Shinhan Financial’s 3.44 trillion won.
It outpaced Hana Financial’s 2.42 trillion won and Woori Financial’s 1.61 trillion won.
Client assets in Korea and overseas grew by 124 trillion won during the quarter to 784 trillion won.