Money Reports for South Korean Finance Companies

Introduction

Big money companies in South Korea made more money recently. They also want to use digital money.

Main Body

Korea Investment & Securities (KIS) made a lot of money. Their profit grew by 85%. Now they have 12.7 trillion won. This is the most money of any company like them in Korea. Toss Securities also grew. They made 340.5 billion won. Many people used Toss to buy stocks from other countries. However, they did not make much money from stocks in Korea because they did not charge fees. Coinone is a digital money company. They are talking to other companies about money and business. They did not sign any papers yet. Coinone made some money, but they also lost some money in their daily work.

Conclusion

Korean finance companies are making more money. They are now moving toward digital assets.

Learning

📈 Talking about Money

In this text, we see a very useful pattern for describing business: [Company] + [Action] + [Amount].

Look at these examples:

  • KIS \rightarrow made \rightarrow a lot of money.
  • Toss Securities \rightarrow made \rightarrow 340.5 billion won.

Simple Rule for A2: When you want to say a company earned money, use the verb 'make' in the past ('made').

Correct: "The shop made 100today."Wrong:"Theshopwon100 today." *Wrong:* "The shop won 100 today."


Opposite Words (Contrast)

Notice how the text uses 'However'. This is a 'bridge word' used to show a change in direction.

Positive FactHoweverextNegativeFact\text{Positive Fact} \xrightarrow{\text{However}} ext{Negative Fact}

Example: "Toss grew. However, they did not make much money from Korean stocks."

Try using it like this: "I like English. However, it is difficult."

Vocabulary Learning

big (adj.)
of great size, quantity, or importance
Example:The big company made a lot of money.
money (n.)
a medium of exchange used for buying goods and services
Example:He saved his money for a new car.
companies (n.)
business organizations that produce goods or provide services
Example:Many companies offer jobs in the city.
made (v.)
to create or produce
Example:She made a cake for the party.
more (adj./adv.)
greater in amount, quantity, or degree
Example:He wants more coffee.
digital (adj.)
using computers or electronic devices
Example:She prefers digital books.
profit (n.)
the money earned after expenses
Example:The company reported a profit this year.
grow (v.)
to increase in size, amount, or importance
Example:The plants grow faster in spring.
people (n.)
human beings in general
Example:Many people enjoy hiking.
buy (v.)
to purchase something
Example:I will buy a new phone.
stocks (n.)
shares in a company that can be traded
Example:He invested in stocks.
fees (n.)
charges for services or transactions
Example:The bank charges a fee for withdrawals.
sign (v.)
to write one's name or mark a document
Example:Please sign the contract.
lost (v.)
unable to find or no longer having something
Example:I lost my keys.
assets (n.)
valuable resources owned by a person or company
Example:The company has many assets.