SEOUL, Korea, Republic Of (AP) _ Shinhan Financial Group Co. (SHG) on Thursday reported second-quarter profit of $1.12 billion.
The Seoul, Korea, Republic Of-based bank said it had earnings of $2.06 per share.
The financial services company posted revenue of $5.7 billion in the period. Its revenue net of interest expense was $4.87 billion, surpassing Street forecasts.
Shinhan Financial shares have increased slightly more than 6% since the beginning of the year. The stock has increased 20% in the last 12 months.
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