Hana Securities reported a turnaround to profitability in net income and operating profit last year, thanks to improvements across all institutional sectors.
Hana Securities announced on the 4th that it achieved a turnaround to profitability in operating profit of 142 billion won and net income of 225.1 billion won on a consolidated basis last year, compared to the same period last year.
Hana Securities noted that it achieved an annual net income turnaround amid uniform performance improvement across all institutional sectors and management efficiency.
The asset management (WM) sector saw improved profitability due to increased revenue from overseas stock transactions and financial product transactions, while corporate finance (IB) saw revenue increase focused on high-quality assets. In the case of sales and trading (S&T), trading revenue increased due to lower interest rates.
A representative from Hana Securities said, "We will focus on building a solid business foundation to secure stable growth momentum."