1. What Happened?

On August 21, 2025, Kyobo Securities won the lawsuit filed against it in the Seoul Southern District Court regarding the invalidation of new share issuance. The dismissal of the plaintiff’s claims removes a significant legal risk for the company.

2. Why Does it Matter?

This outcome reinforces Kyobo Securities’ stability and is expected to positively influence investor sentiment. Following strong performance in the first half of 2025, the removal of this legal uncertainty further enhances the company’s investment appeal. Eliminating the uncertainty surrounding the lawsuit offers investors a sense of stability and positively influences future investment decisions.

3. What’s Next?

The legal victory, coupled with the robust earnings, is likely to positively impact the stock price. Continued strong performance in proprietary trading and foreign exchange, along with effective risk management in derivatives, could provide further growth momentum. The company’s digital transformation initiatives are also expected to contribute to long-term growth.

  • Operating Revenue: KRW 2.366 trillion (+50.4%)
  • Operating Profit: KRW 137.7 billion (+83.3%)
  • Net Profit (H1): KRW 97.2 billion (+45.2%)

However, continuous monitoring of macroeconomic indicators like interest rates and exchange rates, as well as overall market conditions, is crucial.

4. What Should Investors Do?

Analysts maintain a ‘Buy’ rating on Kyobo Securities. However, before making any investment decisions, investors are advised to carefully monitor the continued performance of proprietary trading and foreign exchange, risk management in derivatives, the results of digital transformation efforts, and changes in macroeconomic indicators.