Daishin Securities(003540) posted second-quarter net income of 257.8 billion won, more than tripling from a year earlier.
Daishin Securities said on Aug. 11 that its preliminary second-quarter revenue was 2.5504 trillion won and operating profit was 359.9 billion won. Those figures rose 92.9% and 165.2%, respectively, from a year earlier.
Net income rose 242.8% to 257.8 billion won, and net income attributable to owners of the parent increased 249.7% to 258.5 billion won.
A Daishin Securities official said, "The increase in transaction value significantly expanded brokerage fees and margin lending income," and added, "Valuation gains on securities held also increased, and all affiliates, including F&I and the savings bank, grew evenly."
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