Samsung Securities' Q1 net gains 4.3 pct

SEOUL, Aug. 7 (Yonhap) -- Samsung Securities Co., South Korea's No. 3 brokerage
house, said Friday its first-quarter earnings gained 4.3 percent from a year
earlier on increased fee income.

Net profit stood at 79.8 billion won (US$65.1 million) in the April-June period,
compared with 76.5 billion won the same period last year, the company said in a
regulatory filing.
Revenue jumped 36.2 percent to 763.3 billion won in the cited period while
operating profit edged down 2.6 percent to 91.4 billion won, said Samsung
Securities, whose fiscal year starts on April 1.
Shares of Samsung closed at 77,700 won on the Seoul bourse, up 1.17 percent from
Thursday's close.
As of the end of June, its total assets reached 12.5 trillion won, the company
said.
pbr@yna.co.kr
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