statement
Investment and other P&L fell 30.4% QoQ to KRW 245.1bn, and at the consolidated level fell 59.4% QoQ to KRW 164.1bn, reflecting KRW 72.9bn of valuation losses on subsidiary-held beneficiary certificates and other investment vehicles.
A statement by 현대차증권 증권 김성훈. Statements are as reported by the cited publishers — not verified by DecisionGateway.
운용 및 기타손익은 전분기 대비 30.4% 감소한 2,451억원 기록.
Discussion
Related claims
The earnings miss was mainly due to lower trading value amid the stock market correction and weaker investment-related P&L, including valuation losses on beneficiary certificates at the consolidated level.현대차증권 증권 김성훈 · statementNet interest income fell 2.6% QoQ to KRW 118.4bn, a relatively solid trend, as improved interest P&L from deposits and financial products offset a 10.5% QoQ decline in credit provision interest income.현대차증권 증권 김성훈 · statementBrokerage commission P&L fell 44.3% QoQ to KRW 225.6bn, with both domestic and overseas equity commissions down more than 40% (domestic -47%, overseas -44%).현대차증권 증권 김성훈 · statement3Q consolidated controlling net income was KRW 238.6bn, down 64.9% QoQ and 25.9% YoY, missing consensus and the analyst's estimate.현대차증권 증권 김성훈 · statement3Q26 revenue was 2.3 trillion KRW (-0.0% yoy, -7.0% qoq) and net profit attributable to owners was -47.1 billion KRW (turn to loss yoy and qoq).현대차증권 · statementCarbacid Investments' parent portfolio fell to KSh 0.13 Mn.kenyanwallstreet · statement