The share price of Mirae Asset Securities(006800) is surging in early trading on the 13th. As it posted an unprecedented result of 1 trillion won in net profit for two straight quarters, buying appears to be pouring in.

The headquarters of Mirae Asset Securities in Jung-gu, Seoul. /Courtesy of News1

As of 9:29 a.m. on the 13th, Mirae Asset Securities shares were trading on the main bourse at 39,200 won, up 7.40% (2,700 won) from the previous session.

Mirae Asset Securities said the previous day, on the 12th, that it recorded 190.52 billion won in net profit for the second quarter of this year. This is the largest quarterly result on record.

Mirae Asset Securities had also posted 100.19 billion won in net profit in the first quarter. With this, it achieved 1 trillion won in net profit for two consecutive quarters.

Mirae Asset Securities exceeded 1 trillion won in net profit in both the first and second quarters this year, recording 2.9072 trillion won in net profit for the first half.

These results are on par with major financial groups. Its second-quarter net profit surpassed that of major financial groups including Shinhan Financial (182.01 billion won), and is a narrow gap with KB Financial Group (199.22 billion won).

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