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Eugene Investment & Securities (photo = Eugene Investment & Securities) |
[Alpha Biz= Reporter Paul Lee] On the 16th, Eugene Investment & Securities announced its consolidated performance for the first quarter of this year, with sales of 409.9 billion won, operating profit of 17.6 billion won, and net profit of 15.6 billion won.
Sales decreased by 22% compared to the same period last year, while operating profit and net profit decreased by 50% and 45%, respectively.
Eugene Investment & Securities stated, 'Despite the challenging market environment with increased interest rate volatility in the first quarter, we achieved excellent performance in the bond sector based on strategic bond management focused on risk management.' They also mentioned, 'Successful exits of PI (Principal Investments) assets contributed to profit generation.'
Furthermore, Eugene Investment & Securities commented, 'In the IB (Investment Banking) sector, we maintained stable performance in the ECM (Equity Capital Markets) area and showed significant growth in the DCM (Debt Capital Markets) sector, with over a doubling in corporate bond acquisition performance compared to the same period last year.'
Alphabiz Reporter Kim SangJin(hoondork1977@alphabiz.co.kr)
