Seoul: JB Financial Group announced on Thursday a second-quarter net profit of 213.7 billion won (US$156.3 million), marking a 6.5 percent increase from the same period last year.
According to Yonhap News Agency, the company's operating profit for the April-June period reached 266.9 billion won, reflecting a 3.1 percent rise from the previous year. Additionally, JB Financial Group reported that its sales grew by 1.1 percent, totaling 1.18 trillion won.
The reported earnings exceeded market expectations, with analysts projecting an average net profit of 203.5 billion won. This estimate was based on a survey conducted by Yonhap Infomax, a financial data firm affiliated with Yonhap News Agency.