Hyundai Motor Securities posted a consolidated net profit of 57.7 billion won last year. That was up 59.7% from the previous year.
On the 29th, Hyundai Motor Securities disclosed that, on a consolidation basis last year, revenue totaled 1.82 trillion won and operating profit came to 72.2 billion won. Those figures rose 1.4% and 32.1%, respectively, from the prior year.
Net profit was 57.7 billion won for the same period, up 59.7% from 2024.
Looking only at the fourth quarter, revenue was 456.9 billion won, down 27.9% from a year earlier, and operating profit was 4.047 billion won, down 46.4%.
A Hyundai Motor Securities official said, "Although a slump in the bond segment was unavoidable due to the surge in market interest rates in the fourth quarter, we achieved a rebound in results as all divisions, including retail, investment banking (IB), and sales and trading (S&T), grew evenly."
The official added, "This year, under the management policy of "strengthening future growth engines through 'AI innovation and business structure improvement,'" we plan to pursue profitability improvements by strengthening competitiveness across all business divisions."