South Korean futures companies saw their combined net profit decrease in three quarters from April of last year, the financial regulator said Wednesday.
Combined net profits of seven local futures firms reached 10.3 billion won ($9.43 million) in the April-December period, down 70.4 percent from 34.8 billion won, according to the Financial Supervisory Service (FSS).
The decrease was attributed to decreased commission income.
Among the seven companies, five, including Samsung Futures, Woori Futures and KEB Futures, posted a net profit while two - KR Futures and Hyundai Futures - logged a net loss.
During the three quarters, the combined return on equity (ROE) stood at 2.4 percent, down by 5.8 percentage points.
The combined net capital ratio (NCR), a gauge to measure financial soundness, stood at 774.0 percent at the end of December, up 32.3 percentage points.
[Written by Ye-kyung Hahn / edited by Soyoung Chung]
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