Major securities houses in South Korea report robust third-quarter earnings results as the earnings season winds down.
Korea Investment & Securities Korea Investment & Securities (KIS) posted a 34% jump in net income to KRW392.1 billion (US$269m) in the three months ending September compared with the prior year’s quarter. KIS’ latest robust figure brought its net income in the first nine months of the year to KRW1.25 trillion, up 50.8% year-on-year (YoY). Net operating revenue rose nearly 25% to KRW819.7 billion from July to September, with trading, the house’s largest business segme