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Korea Investment Securities Q1 Net Profit Hits 784.7 Billion Won on MTS and IMA Momentum

Published: · Source: mk.co.kr

Korea Investment Securities Q1 Net Profit Hits 784.7 Billion Won on MTS and IMA Momentum
TL;DR: Korea Investment Securities posted 784.7 billion won in first-quarter net profit as the market rally, MTS revamp, global partnerships and 2.6 trillion won in IMA fund management supported growth.

Korea Investment Securities recorded first-quarter net profit of 784.7 billion won this year, standing out as domestic brokerages benefited from a continued stock-market rally. The company cited its MTS overhaul, broader global cooperation and 2.6 trillion won in IMA fund management as key growth drivers. A balanced earnings structure across divisions was also presented as part of the backdrop. The original report said profits from different businesses worked together organically, proving a virtuous cycle of growth. As Korean securities firms post what the report describes as record-level results, attention is turning to whether Korea Investment Securities can sustain that profitability. Source: mk.co.kr

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