Seoul: Hana Financial Group announced a net profit of 1.18 trillion won for the second quarter, reflecting a 13.3 percent increase from the same period last year. The financial group's operating profit for the April-June timeframe reached 1.49 trillion won, marking a 9.9 percent rise compared to the previous year. Additionally, the company reported a revenue increase of 21.6 percent, totaling 23.97 trillion won.
According to Yonhap News Agency, the reported earnings surpassed market expectations. Analysts, as surveyed by Yonhap Infomax, the financial data division of Yonhap News Agency, had projected a net profit average of 1.11 trillion won for the period.