Korea Investment Holdings (071050) Q2 2025 earnings summary

Executive summary

• Net income for 1H 2025 reached KRW 999.6B, a 60.2% increase year-over-year, driven by strong performance in securities and asset management subsidiaries.

• Operating income rose 63.8% YoY to KRW 1,115.2B, and pretax income increased 57.7% YoY to KRW 1,348.5B.

• Annualized ROE improved to 19.9% from 14.2% YoY.

Financial highlights

• Group total assets grew 6.1% year-to-date to KRW 115.9T, and group total AUM rose 15.6% YTD to KRW 430.2T.

• Net operating revenue for 2Q25 was KRW 1,145.0B, up 54.4% YoY and 17.4% QoQ.

• SG&A expenses increased 16.9% YoY in 2Q25.

• Income from continuing operations before tax in 2Q25 was KRW 733.4B, up 88.2% YoY.

Outlook and guidance

• Continued growth expected in securities, asset management, and investment banking, supported by robust domestic equity markets and increased trading volumes.