[Infostock Daily= Reporter An Hoe Hyun] KB Securities announced on the 22nd that its consolidated net profit in the third quarter of this year was tentatively estimated at 208.448 billion won, up 239.28% from a year earlier.
Operating profit for the same period rose 207.16% to 232.566 billion won. However, sales fell 24.89% to 1.466448 trillion won.
In the third quarter of this year, cumulative net profit increased 42.76% year-on-year to 345.25 billion won. Cumulative operating profit surged 50.42% to 441.987 billion won. In the case of cumulative pre-tax profit(continue business profit before deducting corporate tax expenses), it increased 42.02% to 475.094 billion won.
In the asset management(WM) sector, brokerage profits expanded due to increased personal transaction payments, and in the corporate finance(IB) sector, large deals such as Saehan & Koentec and ADT Caps refinancing were held. In Sales and Trading(S&T), bond management profits have increased significantly due to preemptive position adjustment and active trading in market changes.
Reporter An Hoe Hyun ahh@infostock.co.kr
