As the stock market boomed and stock transaction value increased, Korea Exchange (KRX) posted a net profit of 700 billion won last year.
According to the audit report disclosed by Korea Exchange (KRX) on the 1st, last year's consolidation-based operating revenue totaled 1.6258 trillion won, up 20.8% from a year earlier.
Operating profit and net profit were 577.2 billion won and 708.9 billion won, respectively, up 53% and 67% from a year earlier.
Looking into operating revenue, transaction and clearing and settlement fees rose 17.5% year over year to 84.6 billion won. Securities firm fees also increased 33.6% to 36.9 billion won, and securities lending brokerage fees jumped 75.5% to 25.5 billion won.
It is believed that the domestic stock market's strength last year, which boosted transaction value, led to improved results. In fact, the average daily transaction value by month rose from 14.2258 trillion won in April last year to 25.878 trillion won in December of the same year.
Meanwhile, NEXTRADE (NXT) said through an audit report disclosed on the 31st of last month that operating revenue was 64.4 billion won and operating profit was 14.6 billion won. Profit before income taxes and net profit swung to the black at 17.9 billion won and 20.5 billion won, respectively.