[오늘의 공시요약] KB Finance, last year’s operating profit of 4.61 trillion won… 2.8% ↑ compared to the previous year

【Youth Daily】

◆ KB Finance, last year’s operating profit of 4.61 trillion won… 2.8% ↑ compared to the previous year

KB Financial, a KOSPI-listed company, announced on the 4th that it was tentatively counted as a consolidated basis for last year’s operating profit to be 4.61 trillion won, an increase of 2.79% from the previous year.

Sales increased by 17.92% year-on-year to 55,623.8 billion won. Net profit increased by 5.71% to 3.5 trillion won.

Operating profit for the fourth quarter was KRW 769.9 billion, down 0.41% from the same period last year, and sales and net profit were KRW 15,939 billion and KRW 5766 billion, respectively.

◆ Kookmin Bank, last year’s operating profit of KRW 3,111.1 billion… 5.3% compared to the previous year↓

KB Financial, a KOSPI-listed company, announced on the 4th that its subsidiary Kookmin Bank’s operating profit for the previous year, on a consolidated basis, was 3.11 trillion won, a 5.32% decrease from the previous year.

Sales increased by 15.84% year-on-year to 24.51 trillion won. Net profit decreased by 4.9% to 2.3195 billion won.

The fourth quarter’s operating profit was 53.5 billion won, down 17.02% from the same period of the previous year, and sales and net profit were 6,989 billion won and 4154 billion won, respectively.

◆ KB Securities, last year’s operating profit of 5788 billion won… 60.6% ↑ compared to the previous year

KB Financial, a KOSPI-listed company, announced on the 4th that the consolidated operating profit of its subsidiary KB Securities last year was 5788 billion won, a 60.57% increase from the previous year.

Sales increased by 23.62% year-on-year to 9,999.2 billion won. Net profit increased 49.6% to 434 billion won. Operating profit in the fourth quarter was KRW 133.6 billion, an increase of 105.33% from the same period last year, and sales and net profit were KRW 2.862 trillion and KRW 88.8 billion, respectively.

◆ Studio Dragon, last year’s operating profit of 49.1 billion won… 71.1% ↑ compared to the previous year

Studio Dragon, a KOSDAQ-listed company, announced on the 4th that it was tentatively counted as a consolidated basis for last year’s operating profit to 49.1 billion won, an increase of 71.1% from the previous year. Sales reached 525.7 billion won, up 12.2% year-on-year. Net profit increased 12.1% to 29.6 billion won.

Operating profit in the fourth quarter was KRW 4.6 billion, turning to the black compared to the same period last year (operating loss of KRW 4 billion), and sales and net loss were KRW 137.7 billion and KRW 2.8 billion, respectively.

◆ CJ ENM, last year’s operating profit of KRW 272.1 billion… 1% ↑ compared to the previous year

CJ ENM, a KOSDAQ-listed company, announced on the 4th that it was tentatively counted as a consolidated basis for last year’s operating profit to be 272.1 billion won, a 1% increase from the previous year.

Sales decreased by 10.5% compared to the previous year to KRW 3,391 trillion. Net profit increased 35.2% to KRW 79.2 billion. In the fourth quarter, operating profit was KRW 87.8 billion, an increase of 106% from the same period last year, and sales and net loss were KRW 944.3 billion and KRW 23 billion, respectively.

◆ Aekyung Industrial’s operating profit decreased by 63% last year… Cosmetics sluggish due to Corona 19

Aekyung Industrial’s last year’s performance was found to be sluggish. This is because the cosmetics business was hit by the aftermath of the novel coronavirus infection (Corona 19).

Aekyung Industrial announced on the 4th that the consolidated operating profit of last year was 22.4 billion won, a 63.1% decrease from the previous year. Sales decreased by 16.1% to KRW 588.1 billion, and net profit decreased by 72.7% to KRW 11.4 billion.

Operating profit for the fourth quarter of last year was 2.8 billion won, down 83% from the same period last year. In addition, sales and net profit were KRW 153.6 billion and KRW 1.8 billion, respectively.

◆ Korean Air,’half-cut’ last year’s sales to Corona… 17% decrease in operating profit

Korean Air’saved’ by reducing the extent of operating profit decline amid’half of sales’ last year in the aftermath of a novel coronavirus infection (Corona 19).

Korean Air announced on the 4th that last year’s sales, based on separate financial statements, decreased by 40% from 2019 (12.29 trillion won) to KRW 7.45 trillion. Operating profit was 238.3 billion won, a 17% decrease from the previous year (286.4 billion won). Net loss for the year was KRW 5687 billion to KRW 228.1 billion, which significantly reduced the loss range.

In the fourth quarter of last year, sales were KRW 1.85 trillion, operating profit was KRW 146.5 billion, and net income was KRW 687.4 billion.

◆ Kyobo Securities, last year’s operating profit of KRW 133.6 billion… 23.8% increase

Kyobo Securities announced on the 4th that the consolidated operating profit for last year was estimated at 133.6 billion won, a 23.8% increase from the previous year. Sales increased by 21.7% from the previous year to KRW 1,76.6 billion. Net profit was KRW 14 billion, up 24.6% from the previous year.

◆ Hyundai Oilbank, 59.3 billion won in operating loss last year… Turned to red again in 4Q

Hyundai Oilbank announced on the 4th that it was tentatively counted as having a consolidated deficit of 599.3 billion won last year due to Corona 19. The largest deficit since its inception.

Annual operating profit turned to a deficit compared to the previous year (operating profit of 522 billion won), and sales fell 35.2% year-on-year to 13,669.9 billion won. The net loss was 3598 billion won.

◆ Hyundai Department Store, last year’s operating profit of 135.9 billion won… 53.5% decrease compared to the previous year

Hyundai Department Store, a KOSPI-listed company, announced on the 4th that the consolidated operating profit of last year was 135.9 billion won, a 53.5% decrease from the previous year.

Sales increased by 3.4% compared to the previous year to KRW 2.27 trillion. Net profit fell 57.4% to KRW 13.6 billion. Operating profit in the fourth quarter of last year was 66.8 billion won, down 35.5% from the same period last year. In addition, sales and net profit were KRW 644.6 billion and KRW 27.4 billion, respectively.

Event name	Present price	prepare	Fluctuations	Fluctuation rate
Korean Air	30,500	▲	400	1.33
KB Finance	42,050	▲	100	0.24
Kyobo Securities	7,500	▼	30	-0.4
Studio Dragon	100,100	▼	800	-0.79
Aekyung Industrial	24,650	▼	350	-1.4
CJ ENM	159,600	▼	2,300	-1.42
Hyundai Department Store	78,300	▼	1,200	-1.51

【Youth Daily = Reporter Kang Jeong-wook】