IBK Securities said on the 24th that net profit for the first quarter was 13.7 billion won, up 1.7 billion won (14.7%) from a year earlier.
The company's share of profit within the group fell. IBK Securities accounted for 9.0% of the profits of IBK Industrial Bank subsidiaries, down 0.4 percentage points from a year earlier.
Assets increased by 2 trillion won this year. As of the end of Mar., total assets excluding trusts were 1.2453 trillion won, up 205 billion won (19.7%) from the end of last year.
IBK Securities' capital was 136.4 billion won, down 0.6% from a year earlier.
An IBK Securities official said, "Brokerage commissions increased as trading value expanded with the activation of the domestic stock market," and added, "Revenue in the asset management institutional sector rose 146% from a year earlier, driving first-quarter results."