UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16

UNDER THE SECURITIES EXCHANGE ACT OF 1934

For the month of February 2025

Commission File Number: 001-31811

 

 

Woori Financial Group Inc.

(Translation of registrant’s name into English)

 

 

51, Sogong-ro, Jung-gu, Seoul, 04632, Korea

(Address of principal executive office)

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F ☒   Form 40-F ☐

 

 

 


Woori Financial Group’s Preliminary Financial Performance Figures

for the Year Ended December 31, 2024

The preliminary financial performance figures for Woori Financial Group for the year ended December 31, 2024, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

 

Item    FY 2024      FY 2023      % Increase  

Revenue*

     46,680,933        42,033,487        11.06  

Operating Income

     4,255,190        3,499,029        21.61  

Income before Income Tax Expense

     4,222,847        3,517,453        20.05  

Net Income

     3,171,469        2,626,894        20.73  

Profit to the Equity Holders of the Parent Entity**

     3,085,995        2,506,296        23.13  

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 4Q 2024 profit to the equity holders of the parent entity was KRW 426,128 million.


Woori Bank’s Preliminary Financial Performance Figures

for the Year Ended December 31, 2024

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Financial Group, for the year ended December 31, 2024, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

 

Item    FY 2024      FY 2023      % Increase  

Revenue*

     41,881,143        37,719,811        11.03  

Operating Income

     4,069,308        3,316,958        22.68  

Income before Income Tax Expense

     4,008,987        3,329,434        20.41  

Net Income

     3,046,936        2,515,080        21.15  

Profit to the Equity Holders of the Parent Entity**

     3,039,372        2,505,587        21.30  

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 4Q 2024 profit to the equity holders of the parent entity was KRW 515,011 million.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

   

Woori Financial Group Inc.

    (Registrant)
Date: February 7, 2025     By:  

/s/ Sung-Wook Lee

    (Signature)
    Name:   Sung-Wook Lee
    Title:   Deputy President

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