Samsung Securities reported that its operating profit for the second quarter of 2024 was 339.2 billion won, a 69% increase compared to the same period last year.
Kim SangJin
letyou@alphabiz.co.kr | 2024-08-09 03:29:37
(Photo= Yonhap news)
[Alpha Biz= Reporter Kim Sangjin] Samsung Securities reported on August 8 that its operating profit for the second quarter of 2024 reached 339.2 billion won, marking a 69% increase from the same period last year.
The company's revenue was 1.53 trillion won, up 33% year-over-year, while its net profit was 237.5 billion won, a 62% increase from the previous year.
Samsung Securities attributed the strong performance to favorable conditions in the stock and bond markets, as well as robust results from its asset management services. The firm also highlighted the positive impact of its global investment expansion and increased sales of various financial products.
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