[Edaily Reporter Kwon Oh Seok ] MIRAE ASSET SECURITIES(006800)’s stock price is surging in early trading. This appears to be driven by the company’s announcement of record-breaking earnings, which has boosted investor sentiment.

According to MP Doctor on the 13th, MIRAE ASSET SECURITIES is trading at 39,700 won as of 9:07 a.m., up 8.77% from the previous trading day.
The previous day, MIRAE ASSET SECURITIES announced that it had posted a consolidated net profit of 1.9052 trillion won for the second quarter of this year. This marks the second consecutive quarter that the company has achieved a net profit of 1 trillion won, following the previous quarter. This is a first in the history of the securities industry; the company has surpassed the net profits of major domestic financial institutions and has risen to the top of the financial investment sector in terms of performance.
Having already set an industry first by recording a net profit of 1.019 trillion won in the first quarter—the first time a firm had achieved a “quarterly net profit of 1 trillion won”—MIRAE ASSET SECURITIES built on that success by surpassing the 1 trillion won mark again in the second quarter. This figure is double that of Korea Investment & Securities (946.4 billion won), the second-largest firm in the securities industry. Cumulative net profit for the first half of the year reached 2.9072 trillion won, a 338% increase year-over-year.
MIRAE ASSET SECURITIES’ performance is on par with KB Financial Group (1.9922 trillion won), which was the first to announce its second-quarter results, and surpassed major financial institutions such as Shinhan Financial Group (1.8201 trillion won), Hana Financial Group (1.1928 trillion won), Woori Financial Group (1.0046 trillion won), and Nonghyup Financial Group (910.4 billion won). Amid a historic bull market—with the KOSPI index breaking through the 9,000 mark in the first half of this year—it is a monumental achievement that securities firms, which benefited from a surge in trading volume and maximized asset management fees, have surpassed the net profits of financial holding companies.