South Korea's Top Five Securities Firms Forecast Record Q2 Operating Profit of 5.1 Trillion Won, Up 141% YoY

According to Seoul Economic Daily on July 19, South Korea's five major securities firms—Mirae Asset Securities, Korean Finance Holdings, Samsung Securities, NH Investment & Securities, and Kiwoom Securities—are expected to post a record combined operating profit of 5.1278 trillion won in the second quarter, marking the first time the consortium has surpassed the 5 trillion won milestone. The figure represents a 141.3% increase compared to the same quarter last year. Net profit is estimated at 3.7482 trillion won, up 114.5% year-over-year.

Mirae Asset Securities is forecast to achieve 2.0405 trillion won in operating profit, making it the first firm in the industry to break through the 2 trillion won threshold. The surge is driven by increased brokerage revenue as daily average trading volume across Korean stock and KOSDAQ markets hit 55.926 trillion won in Q2, a 27.6% jump from Q1's 43.826 trillion won.