KakaoBank reports record Q1 net profit on one-off factor

Leading online lender KakaoBank reported record first-quarter earnings on Wednesday due to one-off income. Net profit for January-March rose 36.3 percent year-on-year to 187.3 billion won ($128.4 million). The company attributed the gain to its investment in Indonesian digital bank Superbank's recent listing.

KakaoBank announced its first-quarter results in a regulatory filing on Wednesday. Net profit for the January-March period rose 36.3 percent from a year earlier to a record high of 187.3 billion won ($128.4 million), the company said.

Operating profit fell 13.89 percent on-year to 157.6 billion won, while revenue increased 4.43 percent to 819.3 billion won. The company attributed its strong earnings to one-off income from the recent listing of Indonesian digital bank Superbank, in which KakaoBank participated as a key investor. Non-interest income totaled 302.9 billion won, while interest income amounted to 819.3 billion won.

As of end-March, the bank's customers numbered 27.27 million, with monthly active users reaching 20.32 million.

Articles connexes

Illustration depicting Samsung Electronics' record Q1 operating profit of 57.2 trillion won driven by AI chip demand, featuring executives celebrating amid glowing financial displays.
Image générée par IA

Samsung Electronics forecasts record Q1 operating profit of 57.2 trillion won

Rapporté par l'IA Image générée par IA

Samsung Electronics estimated a record first-quarter operating profit of 57.2 trillion won ($37.9 billion) on Tuesday, driven by surging demand for AI chips. The figure marks a 755 percent increase from a year earlier, with sales reaching 133 trillion won for the first time exceeding 100 trillion won. The results surpassed analysts' expectations amid a booming AI sector.

South Korea's 61 securities firms posted a combined net profit of 4.33 trillion won in the first quarter, up 77 percent from a year earlier, driven by higher commission income from increased stock trading.

Rapporté par l'IA

Naver Corp. reported on April 30 that its first-quarter net profit fell 31.3 percent year-on-year to 291 billion won. The decline stemmed mainly from foreign exchange losses on dollar-denominated debt. Operating profit and sales rose 7.2 percent and 16.3 percent, respectively.

SK hynix reported record Q1 sales of 52.58 trillion won and operating profit of 37.61 trillion won ($25.42 billion) on Thursday. The figures marked year-on-year increases of 198 percent in sales and 405.5 percent in operating profit, driven by strong AI infrastructure demand. Net profit also hit a record 40.34 trillion won ($27.3 billion).

Rapporté par l'IA

PT Bank Mandiri (Persero) Tbk a enregistré un bénéfice net consolidé de 15 400 milliards de roupies au premier trimestre 2026, en hausse de 16,6 % sur un an. Cette performance a été soutenue par une croissance des prêts de 17,4 % atteignant 1 530 000 milliards de roupies et des fonds de tiers de 1 675 000 milliards de roupies, deux indicateurs dépassant les moyennes du secteur.

The Bank of Korea reported that the current account surplus reached $28.29 billion in April, the second-largest on record, driven by semiconductor exports.

Rapporté par l'IA

Corporate direct financing in South Korea rose 13.2 percent in April from the previous month to 22.62 trillion won, driven by higher bond sales.

 

 

 

Ce site utilise des cookies

Nous utilisons des cookies pour l'analyse afin d'améliorer notre site. Lisez notre politique de confidentialité pour plus d'informations.
Refuser