Woori Investment Securities said on Thursday it recorded an operating profit of 10.9 billion won last year, returning to profit from a year earlier.

Net profit was 27.4 billion won, up 1,250 percent over the same period. Operating revenue was 187.1 billion won, up 18.3 percent from a year earlier. Interest income rose 12.7 percent to 120.1 billion won and non-interest income climbed 29.8 percent to 67.0 billion won.

The share of its investment banking business also expanded. The proportion of securities, which had remained at about 20 percent compared with loan bonds in 2023, expanded to 50 percent last year.

Lower credit loss expenses also widened the improvement in earnings. Woori Investment Securities' credit loss expenses last year fell 65.9 percent from a year earlier to 31.2 billion won.

Woori Investment Securities said a proactive asset management strategy was effective, including readjusting its portfolio around high-quality assets.

A Woori Investment Securities official said, "This year we will play a central role in venture capital investment and pursue balanced growth across areas such as IB, S&T (sales and trading) and retail to make a leap to become a full-service brokerage."