Shinyoung Securities’ annual operating profit of 118.1 billion won… 54.1% from the previous year↓

Shinyoung Securities

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(Seoul = Yonhap News) Reporter Lee Mi-ryeong = Shinyoung Securities[001720]Corporation announced on the 20th that its consolidated annual operating profit was 118.1 billion won, a 54.1% decrease from the previous year.

Sales (2.17 trillion won) and net profit (89.9 billion won) also fell 23.7% and 54.2%, respectively.

Shinyoung Securities is a March settlement corporation, and this performance is the result from April last year to last month.

Shinyoung Securities explained, “Profits declined slightly as operating income decreased compared to the previous year in the followingmath of falling stock prices and rising interest rates.

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