The preliminary financial performance figures for Woori Financial Group for the nine-month period ended on September 30, 2021, on a consolidated basis, are as follows.
(Units: millions of KRW, %)
Item
3Q 2021
2Q 2021
% Change
Increase
3Q 2020
% Change
Increase
Revenue*
Specified Quarter
8,685,880
4,391,259
97.80
4,293,937
102.28
Cumulative Basis
21,791,101
13,105,221
-
18,981,622
14.80
Operating Income
Specified Quarter
1,092,126
1,050,328
3.98
675,160
61.76
Cumulative Basis
3,075,966
1,983,840
-
1,847,758
66.47
Income before
Specified Quarter
1,135,340
1,075,986
5.52
675,980
67.95
Income Tax Expense
Cumulative Basis
3,153,088
2,017,748
-
1,709,829
84.41
Net Income
Specified Quarter
824,728
818,384
0.78
521,715
58.08
Cumulative Basis
2,361,979
1,537,251
-
1,295,748
82.29
Profit to the Equity
Specified Quarter
778,570
752,595
3.45
480,200
62.13
Holders of the Parent Entity
Cumulative Basis
2,198,268
1,419,698
-
1,140,764
92.70
The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.
*
Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).
The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Financial Group, for the nine-month period ended on September 30, 2021, on a consolidated basis, are as follows.
(Units: millions of KRW, %)
Item
3Q 2021
2Q 2021
% Change
Increase
3Q 2020
% Change
Increase
Revenue*
Specified Quarter
7,942,808
3,722,248
113.39
3,924,278
102.40
Cumulative Basis
19,703,102
11,760,294
-
17,760,315
10.94
Operating Income
Specified Quarter
932,702
881,944
5.76
621,882
49.98
Cumulative Basis
2,587,985
1,655,283
-
1,659,512
55.95
Income before
Specified Quarter
975,148
903,928
7.88
625,609
55.87
Income Tax Expense
Cumulative Basis
2,662,503
1,687,355
-
1,529,526
74.07
Net Income
Specified Quarter
709,669
691,974
2.56
483,719
46.71
Cumulative Basis
1,993,395
1,283,726
-
1,165,792
70.99
Profit to the Equity
Specified Quarter
707,080
690,268
2.44
480,705
47.09
Holders of the Parent Entity
Cumulative Basis
1,986,718
1,279,638
-
1,158,642
71.47
The above figures are prepared in accordance with Korean International Financial Reporting Standards. The figures above are subject to adjustment as they are preliminary and have not been reviewed by our independent auditors.
*
Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).
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Woori Financial Group Inc. published this content on 25 October 2021 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 25 October 2021 10:23:07 UTC.
Woori Financial Group Inc. is a financial holding company. The Companyâs main subsidiary companies include Woori Bank, WOORI FIS Co., Ltd., Woori Finance Research Institute, woori credit Information co., Ltd., Woori Private Equity Asset Management Company, Ltd and WOORI FUND SERVICE LIMITED., among others. Woori Bank provides deposits, loans, funds, foreign exchange transactions, payment guarantees, securities investment, trust investment, and credit card services. WOORI FIS Co., Ltd. provides computer system installation and development, software development, telecommunication equipment supply and maintenance services. Woori Finance Research Institute conducts research activities on management strategies and the financial industry. woori credit Information co., Ltd. is engaged in credit investigation and collection of bonds. WOORI FUND SERVICE LIMITED. is engaged in private equity investment.
WOORI FINANCIAL GROUP INC. 
