Korea Business News Agency - NSP NEWS AGENCY.

(Seoul=NSP News Agency) YEON SUN HAN Journalist = Hana Financial Group achieved record-high earnings in the first quarter of this year after the acquisition of KEB in 2012.

Hana Financial Group recorded KRW 671.2 billion in net profit in 1Q08. This represents a 36.4% YoY increase (179.1 billion won) and 35.4% (175.4 billion won) increase from the previous quarter, the highest ever in six years since the acquisition of KEB in 1Q12.

The group's core profit (KRW 1.9305 trillion) combined with interest income (KRW 1.339 trillion) and commission income (KRW 591 billion) in the first quarter grew 14.9 percent (KRW 250.6 billion) and 3.2 percent (KRW 59.1 billion) Respectively.

In terms of affiliates, Hana Financial and Hana Card recorded the combined quarterly net income of KRW41.9 billion and KRW25.5 billion respectively while Hana Capital, which became a wholly-owned subsidiary of Hana Financial Group in last February, recorded combined net income of KRW25.4 billion, Hana Life KRW6.2 billion, and Hana Savings Bank recorded Quarterly net income of KRW 4.2 billion.

NSP News Agency/NSP TV YEON SUN HAN Journalist, hanys4017@nspna.com
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