DGB Financial Group Co., Ltd. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2022
August 16, 2022 at 03:54 am EDT
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DGB Financial Group Co., Ltd. reported earnings results for the second quarter and six months ended June 30, 2022. For the second quarter, the company reported net income was KRW 123,241.76 million compared to KRW 184,311.52 million a year ago. Basic earnings per share from continuing operations was KRW 702 compared to KRW 1,068 a year ago. Basic earnings per share was KRW 702 compared to KRW 1,068 a year ago.
For the six months, net income was KRW 285,482.45 million compared to KRW 307,828.38 million a year ago. Basic earnings per share from continuing operations was KRW 1,634 compared to KRW 1,781 a year ago. Basic earnings per share was KRW 1,634 compared to KRW 1,781 a year ago.
DGB Financial Group is a Korea-based company mainly engaged in the banking business. The Company operates through six segments. The Banking segment uses funds acquired in the form of deposits from the general public as its main source, and supplies funds in the form of short- and long-term loans to fund consumers. The Life Insurance Business segment engages in the life insurance business. The Financial Investment Business segment engages in investment trading business, investment brokerage business, discretionary investment business, investment advisory business, and collective investment business. The Specialized Credit Finance Business segment engages in the facility rental business, installment finance business, and new technology business finance business. The Asset Management Business segment engages in securities investment trust management and investment advice. The Financial Holding Business segment engages in financial support and business management for subsidiaries.