Toss Securities has reported record figures for revenue, operating profit, and net income in the first half of this year. The surge in trading activity in both domestic and international stock markets has significantly boosted commission fee revenues.
The company's cumulative revenue for the first half of the year reached 845.8 billion won, a 139% increase compared to the same period last year. Operating profit rose to 319.5 billion won, up 89%, while net income climbed to 236.8 billion won, an 80% increase. All three metrics represent the highest figures ever recorded for a half-year period.
In the second quarter, Toss Securities also set new quarterly records. Revenue was 505.3 billion won, a 156.3% increase year-on-year. Operating profit reached 207.9 billion won, up 142.5%, and net income was 152.5 billion won, a 126% increase. All three indicators more than doubled compared to the same period last year.
The growth in performance was driven by increased trading in domestic and international stocks. The cumulative trading volume of foreign securities in the first half was 367 trillion won, a 104% increase from the previous year. Domestic stock trading volume surged to 692 trillion won, marking a staggering 695% increase, nearly eight times higher.
The rise in trading volume also led to a significant increase in commission fee revenues. In the first half, commission fee income reached 343.6 billion won, an 87% increase compared to the same period last year.
The company's asset growth continued as well. By the end of the second quarter, Toss Securities' assets surpassed 12 trillion won, a 146.4% increase year-on-year, nearly 2.5 times higher.
A representative from Toss Securities stated, "The activation of the stock market and the expansion of investment demand in the first half contributed to a steady increase in trading volume for both domestic and international stocks. The resulting increase in commission fees has driven strong performance, allowing us to maintain solid results."
* This article has been translated by AI.
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