[Korea goyounghun financial newspaper reporter] last year, net profit of Korea Investment Holdings fell 13.8% compared to the previous year to 279.7 billion won. This appeared to be due to increased SG & A expenses and court costs.
According to the 12th FSS 2016 based on assets of Korea Investment Holdings (consolidated) grew 5.8 trillion won (18.4% ↑) 31.5 trillion won a year earlier compared with 37.3 trillion won.
Last year, net profit of Korea Investment Holdings (consolidated, based on loan loss reserves transference ago) was 324.3 billion won a year earlier decreased 44.6 billion won (13.8%) compared with 279.7 billion won.
This is because the suit losses (371 million), an increase in SG (172 billion).
FSS official said the risk of potential sectors, such as "has the domestic and external uncertainties such as interest rate further increases, domestic corporate restructuring in the United States scattered the Year" and "financial holding companies to promote growth in boudoir than excessive top-line growth and household debt for said it would encourage them to strengthen risk management at group level. "
In addition he stressed it would seek to tilt the director based in a thorough internal control to financial consumers and the protection of customer information.
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