Kakao Pay Securities recorded an operating profit of 63.1 billion won in the first half of this year, surpassing its total profit from the previous year in just six months.
According to Kakao Pay's second-quarter earnings report released on August 4, the cumulative operating profit for Kakao Pay Securities in the first half reached 63.1 billion won, a 407.2% increase compared to the same period last year. This figure exceeds last year's total operating profit of 42.8 billion won by 20.3 billion won.
In the second quarter of this year, revenue rose to 121.9 billion won, an 86% increase from the previous year. Notably, the operating profit for the second quarter surged by 347.4% to 39.6 billion won compared to the same period last year.
Customer assets also grew rapidly. As of the end of June, the total assets under custody reached 21.1 trillion won, marking a 279% increase year-on-year. Among these, stock and pension assets amounted to 18 trillion won, a 391% increase.
Investor inflows continued as well. In the second quarter, net inflows of funds into domestic and international stock markets totaled 4.8 trillion won, marking six consecutive quarters of growth. The cumulative net inflow for the first half reached 8.5 trillion won.
Trading volume also expanded. In the second quarter, stock trading volume reached 139.9 trillion won, a 497% increase from the previous year, while the number of transactions rose by 191% to 266 million. The number of monthly stock trading customers increased to 1.61 million, a 98% rise during the same period.
The conversion rate of Kakao Pay users to regular stock trading customers exceeded 30%, up 20 percentage points from the same period last year. The increase in investor assets has been interpreted as a driver for improved performance through expanded trading.
* This article has been translated by AI.
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