Finance

Hana Securities Q3 net profit 10.1 billion won, down 83.88 percent on year

Hana Securities\' third-quarter profit fell sharply from both the previous quarter and a year earlier, Hana Financial Group said. Net profit was 10.1 billion won, down 94.04 percent from the prior quarter and 83.88 percent from a year earlier, while revenue rose from a year earlier but fell from the previous quarter. For January-September, revenue and profits increased year on year, but third-quarter operating profit made up about 5.8 percent of the nine-month total.

Finance

Hana Financial\'s 9-month net profit 3.62 trillion won, up 5.6 percent

Hana Financial Group posted a consolidated net profit of 3.62 trillion won for the first nine months, up 5.6 percent from a year earlier, helped by rising fee income in wealth management and investment banking. Third-quarter net profit was 1.22 trillion won. The board approved an additional 250 billion won in share buybacks and cancellation and a third-quarter cash dividend of 1,165 won per share.