Published 10 days ago

KB's Q1 net profit falls 30% due to HK-tied ELS compensation

Summary by The Korea Times

KB Financial Group's net profit for the first quarter of 2024 decreased 30.5 percent year-on-year, due to voluntary compensation paid to investors who incurred losses from equity-linked securities (ELS) tied to the Hang Seng China Enterprises Index.

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The Korea Times

KB's Q1 net profit falls 30% due to HK-tied ELS compensation

10 days ago·Korea, Republic of

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KB's Q1 net profit falls 30% due to HK-tied ELS compensation

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KB's Q1 net profit falls 30% due to HK-tied ELS compensation

KB's Q1 net profit falls 30% due to HK-tied ELS compensation

Coverage Details

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