KB Securities reported a net profit of 590.4 billion won for last year.
On the 5th, KB Securities noted that last year's operating profit was 780.8 billion won. Compared to the previous year, net profit increased by 52.14% and operating profit by 14.80%.
KB Securities surpassed 64 trillion won in asset management (WM) last year. WM revenue exceeded 240 billion won. The overseas brokerage institutional sector achieved more than 11 trillion won in overseas stock assets due to increased transactions. Relevant revenue jumped 74% compared to the previous year.
The debt capital market (DCM) expanded its coverage, increasing both solo and large-scale representative underwriting. In the equity capital market (ECM) sector, a total of 12 corporations, including the mega initial public offering (IPO) of HD Hyundai Marine Solution, were listed.
KB Securities explained, "We successfully facilitated the acquisition advisory for a domestic tissue manufacturer of Indonesia's APP Group, further proving our capabilities in merger and acquisition (M&A) advisory and acquisition financing packaging." Last year, KB Securities also handled the acquisition financing for LG CNS and Ingenico.
The institutional sector achieved its highest-ever performance, ranking first in the domestic institutional stock trust and inbound high-touch market share.
In the trading sector, KB Securities increased bond management revenue in preparation for interest rate cuts. KB Securities stated, "We also expanded revenue from newly discovered equity-linked securities (ELS) channels and hedge management, and we will continue to enhance revenues from alternative assets, broadening our portfolio."