DB Financial Investment Q1 Net Profit Rises 47.6% to KRW 30.4 Billion

DB Financial Investment said in a May 15 regulatory filing that it recorded first-quarter revenue of KRW 1.0751 trillion, operating profit of KRW 30.2 billion and net profit of KRW 30.4 billion. Net profit increased 47.6% from the same period a year earlier. Revenue rose 145.9% year on year, while customer assets grew 37.4% from a year earlier. The results draw attention because profitability and customer asset scale both expanded. However, the original report did not provide detailed contributions by business segment beyond the disclosed figures. Investors are expected to watch customer asset growth and operating profit trends together. Source: mk.co.kr