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Woori Investment Securities posts 70.1 billion won Q1 net operating revenue, led by non-interest income growth

Woori Investment Securities said on Thursday its first-quarter net operating revenue rose 75.0 percent from a year earlier to 70.1 billion won, driven by growth in non-interest income. Non-interest income increased 173.3 percent to 41.4 billion won, reversing the balance with interest income. Investment banking fees and securities-related gains rose sharply. Client custody assets increased to 20.3 trillion won, and the board approved a 1 trillion won rights offering.