Daishin Securities posted an operating loss in the third quarter this year due to the impact of a decline in trading value.

In a regulatory filing on Sunday, Daishin Securities said it posted a consolidated operating loss of 2.2 billion won in the third quarter, turning to a deficit. A year earlier, it posted an operating profit of 73.6 billion won, and it recorded an operating profit of 359.9 billion won in the second quarter.

Third-quarter revenue was 2.0044 trillion won, up 142.7 percent from a year earlier. It was down 21.4 percent from the previous quarter.

Net loss for the quarter was 13.7 billion won, turning to a deficit. In the third quarter a year earlier, it posted net profit of 40.1 billion won. Net loss attributable to owners of the parent was 19.0 billion won.

On a separate basis, revenue was 1.7759 trillion won, operating loss was 58.9 billion won and net loss was 42.9 billion won.

Daishin Securities cited a decline in market trading value as the reason for weaker third-quarter results.

It said year-to-date results were higher than a year earlier.

Cumulative revenue for the first to third quarters was 6.9562 trillion won, up 112.6 percent from a year earlier. Cumulative operating profit rose 85.4 percent to 460.2 billion won, and cumulative net profit increased 102.7 percent to 389.6 billion won.