Meritz Financial Group Inc. on Thursday reported its 2023 net profit of 2.13 trillion won (US$1.6 billion), down 0 percent from a year earlier.

Operating income for the year was 2.94 trillion won, up 1.8 percent from the previous year, the company said in a regulatory filing. Annual revenue fell 12.9 percent to 58.55 trillion won.

Source: Yonhap News Agency