Kiwoom Securities disclosed on Tuesday that its 2025 operating profit rose 35.5 percent from a year earlier to 1.49 trillion won on a consolidated basis, according to a preliminary tally.
Revenue rose 51.8 percent to 17.12 trillion won, while net profit increased 33.5 percent to 1.12 trillion won.
Kiwoom Securities returned to the "1 trillion won club" in 2024 as operating profit topped 1 trillion won for the first time in 3 years since 2021, and it kept operating profit above 1 trillion won last year as well.
Net profit exceeded 1 trillion won for the first time. Net profit attributable to owners of the parent also rose 33.4 percent to 1.11 trillion won, topping 1 trillion won.
Fourth-quarter operating profit rose 91.8 percent from a year earlier to 345.6 billion won on a consolidated basis. Revenue and net profit for the quarter rose 53.4 percent and 68.8 percent to 5.59 trillion won and 246.9 billion won, respectively.
Fourth-quarter operating profit, however, fell 7 percent short of a market estimate of 371.6 billion won.
Kiwoom Securities said brokerage commission income increased on more active stock markets in South Korea and the United States and a rise in market derivatives trading, while investment banking fee income rose as it arranged multiple deals in project financing and M&A acquisition financing.