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South Korea's brokerage firms reported a significant earnings boost in 2024, reaching $3.94 billion.
South Korea's major brokerage firms saw a significant earnings boost in 2024, with combined operating income reaching $3.94 billion, up from $2.3 billion the previous year.
The growth is mainly due to higher commission fees from Korean retail investors trading overseas stocks and reduced reserves against risky construction projects.
Industry experts expect further growth in 2025 due to anticipated monetary easing and lower project risks.
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Las empresas de corretaje de Corea del Sur reportaron un aumento significativo de las ganancias en 2024, alcanzando los $3.940 millones.