SK Securities successfully turned a profit in the first quarter (January to March) of this year.
On the 15th, SK Securities announced that it recorded a consolidated operating revenue of 279.4 billion won and an operating profit of 500 million won for the first quarter of this year.
Net profit for the period was 2.7 billion won, achieving a turnaround compared to a net loss of 5.9 billion won in the same period last year.
SK Securities noted that "the operating profit from proprietary assets increased and some of the existing allowance for bad debts related to real estate project financing was reversed, among other factors contributing to increased profits."