Toss Securities posts record first-half net profit of 236.8 billion won

Toss Securities reported record first-half results, with net profit rising 80% from a year earlier to 236.8 billion won as heavier domestic and overseas stock trading boosted brokerage fee income. Operating profit increased 89% to 319.5 billion won and revenue jumped 139% to 845.8 billion won, while second-quarter net profit rose 126% to 152.5 billion won and operating profit advanced 142.5% to 207.9 billion won, also setting records. Foreign securities trading volume doubled to 367 trillion won in the first half and domestic stock trading volume surged 695% to 692 trillion won, driving an 87% increase in brokerage commission income to 343.6 billion won. The company said its business broadened beyond overseas stocks as domestic trading expanded. Total assets exceeded 12 trillion won for the first time at the end of the second quarter, up 146.4% from a year earlier, and cumulative sign-ups surpassed 10 million at the end of last month.

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