Meritz Securities Q2 net income down 16.7 pct. to 158.4 bln won

Meritz Securities-Q2 earnings

Meritz Securities Q2 net income down 16.7 pct. to 158.4 bln won

SEOUL, Aug. 8 (Yonhap) -- Meritz Securities Co. on Monday reported its second-quarter net profit of 158.4 billion won (US$122 million), down 16.7 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 17.1 percent on-year to 198.8 billion won. Sales increased 201.4 percent to 14.7 trillion won.

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