EUGENE INVESTMENT & SECURITIES said on the 14th that third-quarter net profit on a consolidation basis rose 154% from a year earlier to 18.2 billion won.
Operating profit jumped 252% from a year earlier to 23.1 billion won. Operating revenue totaled 282 billion won, up 26% over the same period.
Cumulative third-quarter net profit rose 33% from a year earlier to 57.8 billion won, and operating profit increased 45% to 72.8 billion won.
In the wealth management (WM) segment, brokerage and financial product revenue improved, and new overseas stock account openings and assets increased sharply.
In the investment banking (IB) segment, it delivered results in areas such as lead-managing rights offerings, securitizing bonds, and expanding underwriting of public corporate bonds and financial bonds. It also achieved results by expanding lead-manager mandates for initial public offerings (IPO). In structured finance, it said it has continued to increase the share of areas with high stability and growth potential, such as financial-institution-guaranteed deals and data center project financing (PF).
An EUGENE INVESTMENT & SECURITIES official said, "We maintained steady growth with solid results compared with a year earlier amid a favorable market environment."