South Korea's securities firms are anticipated to continue cutting jobs due mainly to their falling profitability amid the prolonged slump in the local stock market, data showed Thursday. According to the data compiled by Hyundai Securities Co., local brokerage houses' net operating income reached 9.8 trillion won (US$9.26 billion) in fiscal 2012, which ends in March, down 14.7 percent from a year earlier.
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Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2021 ©
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