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Finance

Samsung Securities Q1 operating profit 609.5 billion won, up 82.1 percent

Samsung Securities posted solid first-quarter results, helped by growth in its wealth management business. The company said operating profit rose to 609.5 billion won, up 84.4 percent from the previous quarter and 82.1 percent from a year earlier. Pretax profit climbed to 615.5 billion won and net profit to 450.9 billion won. Retail client assets saw net inflows of 19.7 trillion won, lifting total client assets to 495.6 trillion won.

Games & Commerce

Kakao Games to come under Line Yahoo\'s umbrella; three parties\' calculations

LY Corp (Line Yahoo) is set to take control of Kakao Games through its investment vehicle LAAA Investment, in a deal valued at about 300 billion won and targeted for completion in May. LAAA will buy existing shares and acquire new shares and convertible bonds, making it the largest shareholder while Kakao becomes No. 2. The deal is intertwined with Line Games\' financial strain, Kakao\'s group reshuffle and variables linked to a Lionheart Studio IPO.

Finance

KB Securities posts 911.6 billion won operating profit for 2025, up 17 percent

KB Securities said on Feb. 5 it posted 911.6 billion won in operating profit in 2025, with pretax profit of 906.9 billion won and net profit of 682.4 billion won. The figures rose 17 percent, 21 percent and 16 percent, respectively, from a year earlier. The wealth management unit surpassed 200 trillion won in client assets. Investment banking, trading and wholesale businesses also reported steady performance and expanded revenue sources.