futures firms\ q2 net tumbles 688
Last Updated : GMT 05:17:37
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Last Updated : GMT 05:17:37
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Futures firms\' Q2 net tumbles 68.8%

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Emiratesvoice, emirates voice Futures firms\' Q2 net tumbles 68.8%

Seoul - Yonhap

South Korean futures companies saw their earnings plunge nearly 70 percent in the second quarter of fiscal 2013 from three months earlier, mainly due to a decrease in their brokerage commission income, the financial regulator said Thursday. The combined net income of seven local futures firms came to 1.9 billion won (US$1.8 million) in the July-September period, compared with 6.1 billion won three months earlier, according to the Financial Supervisory Service (FSS).

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