Woori Financial Group Inc. (WF) said on Friday that its net attributable income declined in the first quarter from the prior-year period. Quarterly sales, however, climbed 58 percent from a year ago.
The banking & financial services holding company reported first quarter net attributable income of KRW 603.803 billion, down from KRW 616.691 billion in the same period a year ago. During the first three months, sales rose 58 percent to KRW 15.282 trillion from KRW 9.658 trillion in the previous year period.
According to Woori Financial Group, operating income fell to KRW 808.150 billion in the first quarter from KRW 869.263 billion in the same period last year.
On the NYSE, WF ended Thursday's trading at $70.64, down $1.15 or 1.60 percent.
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