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[BUSINESS] · South Korea · 3 sources

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Mirae Asset Securities reports record quarterly net profit

Mirae Asset Securities has become the first company in the securities industry to record a net profit exceeding 1 trillion won for two consecutive quarters. In the second quarter, the firm reported a consolidated net profit of 1.9052 trillion won, a 90% increase from the previous quarter.

Growth was driven by strong performance in domestic brokerage and wealth management (WM), alongside significant contributions from overseas subsidiaries. Overseas pre-tax profit reached approximately 609.1 billion won, accounting for 24% of the total consolidated pre-tax profit. Regional contributions included the US (37%), Hong Kong (35%), London (18%), and India (5%).

The company's total customer assets reached 784 trillion won, with pension assets surpassing 80 trillion won. Moving forward, Mirae Asset Securities plans to expand its global investment platform, MAPS, to markets including the US and Singapore, while strengthening its digital finance capabilities through RWA tokenization and security tokens in collaboration with Digital X.

Entities

Digital X · Korea Fair Trade Commission · Mirae Asset Securities