Hana Financial Group done well in the first half

Hana Financial Group’s net profit for the first half year increased by 91.2 billion won. (Photo : NEWSis)

Hana Financial Group’s net profit for the first half year increased by 91.2 billion won or 17.6% increase compared to the same period in the last year.

Hana Financial Group in 18th announced that its net profit for the second quarter is 417.4 billion won and the total net profit for the first half year is 610.1 billion won.

The official from Hana explained that the company’s increasing stable loan portfolio that earned decent amount of interests, growing profit from commission and enhanced efficiency of costs contributed to the company’s success.

Hana Group’s operating profit is 520 billion won and it’s 152.6% increase from the same period. Sales for this quarter are 8.67 trillion won. This is 16.1% increase from the same period of the last year.

As of the end of June, the total asset of Hana Financial Group is 393.6 trillion won.

Net Interest Margin (NIM) of Hana Group is 1.93% as of the end of June and this is 0.02% increase from the march. Return On Assets (ROA) is 0.42% and Return On Equity (ROE) is 6.06%

By affiliates of Hana Fiance Group, Hana Bank earned 277.1 billion won and 556.2 billion won for the first half.

Korea Exchange Bank, an affiliate of Hana Group, earned 319.5 billion won. This is 63.4% increase from the same period of last year.

Above this, Hana Captial earned 26.1 billion won, Hana Daetoo Securities earned 19.2 billion won, Hana Life earned 6 billion won and Hana Trust earned 5.2 billion won for the half year

Translated by HAN SOL SONG