Brokerages' Q3 earnings rise 7.3 pct on derivatives
SEOUL, Dec. 6 (Yonhap) -- South Korean securities companies saw their combined third-quarter profit rise from three months earlier thanks to a solid gain in their derivative-related income, government data showed Wednesday.
The combined net profit of 55 brokerages stood at 1.01 trillion won (US$930 million) during the July-September quarter, up 7.3 percent from a quarter earlier.
In the first nine months of this year, their combined net profit jumped 62.1 percent on year to 2.9 trillion won, according to the data.
During the quarter, brokerage commission fees fell 5 percent on quarter to 2.1 trillion won.
Their stock-related income declined 15.1 percent on quarter to 37.2 billion won, but derivatives-related income jumped 85.7 percent to 754.4 billion won, the data showed.
(END)
-
1 
'D-2' by BTS' Suga debuts at No. 11 on Billboard 200
-
2 
BTS' Jungkook releases new solo track 'Still with You'
-
3 
S. Korea to test QR codes at nightclubs, eateries, cinemas to contain virus
-
4 
Cram school infections up worries ahead of school reopening
-
5
(LEAD) S. Korea tests QR registration at nightclubs, eateries to contain virus
-
1 
'D-2' by BTS' Suga debuts at No. 11 on Billboard 200
-
2 
S. Korea to test QR codes at nightclubs, eateries, cinemas to contain virus
-
3 
Sporadic infections linked to small churches put authorities on edge
-
4 
(3rd LD) S. Korea reports most infections in 8 days, heightening tension in metropolitan area
-
5 
(4th LD) S. Korea to tighten quarantine rules despite drop in new infection cases
-
1 
(LEAD) S. Korea reports 51 new virus cases, most in 8 days
-
2 
Rally held in central Seoul to support Black Lives Matter movement
-
3 
(2nd LD) N. Korea vows to abolish inter-Korean liaison office in anger over leaflets
-
4
(3rd LD) S. Korea reports most infections in 8 days, heightening tension in metropolitan area
-
5 (URGENT) S. Korea reports 51 more cases of new coronavirus, total now at 11,719: KCDC
