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Finance

NH Investment Securities posts record Q2 results; H1 net profit nears 1 trillion won

NH Investment Securities said on Wednesday its second-quarter operating profit rose 111.6 percent from a year earlier to 681.2 billion won, while net profit climbed 90.5 percent to 489.4 billion won, both quarterly records. First-half operating profit reached 1.32 trillion won and net profit was 965.1 billion won, the highest for any first half. The company cited higher brokerage income and balanced growth across product sales, investment banking and operations.

Finance

KB Asset Management launches KB Kosdaq leader stock fund

KB Asset Management said on Thursday it has launched the \"KB Kosdaq Leader Stock Fund\". The product focuses on the possibility of increased institutional inflows into Kosdaq as policy support strengthens for technology-driven growth industries such as AI, semiconductors, mobility and biotech. It will invest mainly in key large-cap stocks, combining a core strategy focused on industry leaders and a booster strategy targeting firms likely to enter the index.

Finance

Hana Securities Q1 operating profit rises 47.9 percent to 141.6 billion won

Hana Securities said on April 24 it posted a consolidated first-quarter operating profit of 141.6 billion won and net profit of 103.3 billion won. Operating profit rose 47.9 percent from a year earlier and net profit increased 37.1 percent. First-quarter revenue was 8.67 trillion won, up about 138 percent from a year earlier. The company cited timely responses by business divisions in a volatile market environment.