SEOUL, July 25 (UPI) -- South Korea's top financial groups, KB and Shinhan, posted record bottom lines in the first half of this year, thanks to the solid performance of their banking units.
KB Financial announced Thursday that the group netted $2.49 billion in profit in the first six months of 2025, up 23.8% from a year earlier. It is KB's biggest half-year profit to date.
Shinhan Financial said Friday that its net income in the first half reached a record-high $2.2 billion, up 10.57% from a year ago.
Investors responded positively to the robust results. The share price of KB Financial edged up 1.65% on Thursday and 1.02% Friday. The price of Shinhan Financial shares rose 2.16% Friday.
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