Securities Firms Post Record Quarterly Profit of 4.3 Trillion Won

[Economy 365]

Securities firms have recorded their highest-ever quarterly performance, posting a net profit of over 4 trillion won in the first quarter of this year.

The net profit for the first quarter reached 4.3271 trillion won, a 77% increase compared to a year ago, meaning they earned 45% of last year's total annual net profit in just one quarter.

This growth is largely attributed to a significant rise in stock brokerage fee income, driven by active trading in the domestic stock market.

Asset management fee income also grew by 89% compared to the previous year.

In fact, the trading value of domestic stocks increased more than fourfold from a year ago, and brokerage commission income surged by 166%.

The total assets of securities firms also rose to 1.098 quadrillion won in the first quarter of this year, surpassing the 1 quadrillion won mark for the first time.

The Financial Supervisory Service stated that as market uncertainties—such as stock market volatility, exchange rates, and instability in the Middle East—remain, it will strengthen management regarding real estate project financing (PF) and liquidity risks.

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