Most Popular
-
1
Ador CEO denies allegations, accuses Hybe of mistreating NewJeans
-
2
Korea’s homegrown nanosatellite successfully launches into space
-
3
[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'
![[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'](//res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/24/20240424050844_0.jpg&u=20240424200058)
-
4
Nicaragua shuts down Seoul embassy
-
5
Medical reform committee kicks off despite boycott from doctors
![[Herald Interview] 'Amid aging population, Korea to invite more young professionals from overseas'](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=644&simg=/content/image/2024/04/24/20240424050844_0.jpg&u=20240424200058)
-
6
Hybe's multilabel system tested amid conflict with Ador
-
7
SNU profs to suspend treatment for one day
-
8
Rocket engine expert, ex-NASA exec to lead Korea's new space agency
-
9
Over-50s, men, single-person households take up majority of those filing for bankruptcy
-
10
SK hynix pledges W20tr to ramp up DRAM production at home
South Korean financial group KB Financial Group said Friday its second-quarter earnings more than doubled from a year ago after last year’s one-off profit-loss factor was removed.
The financial group’s net profit in the April-June period came in at 398.4 billion won ($388.2 million), soaring from 165.3 billion won in the previous year, the group said in a regulatory filing.
Shares of KB Financial rose about 1 percent to 36,750 won, lifted by the second quarter performance.
The on-year jump came as KB Financial shrugged off a one-off loss factor from last year. The financial group suffered from a securities-related expense of 120.6 billion won a year ago.
The group’s assets totaled 393.2 trillion won as of end-June, with that of its flagship Kookmin Bank reaching 292.6 trillion won. (Yonhap)
The financial group’s net profit in the April-June period came in at 398.4 billion won ($388.2 million), soaring from 165.3 billion won in the previous year, the group said in a regulatory filing.
Shares of KB Financial rose about 1 percent to 36,750 won, lifted by the second quarter performance.
The on-year jump came as KB Financial shrugged off a one-off loss factor from last year. The financial group suffered from a securities-related expense of 120.6 billion won a year ago.
The group’s assets totaled 393.2 trillion won as of end-June, with that of its flagship Kookmin Bank reaching 292.6 trillion won. (Yonhap)
-
Articles by Korea Herald
![[KH Explains] Korean shipbuilding stocks rally: Real growth or bubble?](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=652&simg=/content/image/2024/04/25/20240425050656_0.jpg&u=)
