Woori Financial Group reports that its third-quarter net profit falls about 16% year-on-year, attributing the decline to a one-time factor. In the July–September period, the company posts net profit of roughly 1.04–1.08 trillion won (about $784–$815 million), while revenue rises and operating profit increases.
Across outlets, coverage emphasizes that the earnings come in above analyst expectations. Korea Times and Yonhap note that analysts’ average net profit estimate is about 963.4 billion won, based on a Yonhap Infomax survey. Both also highlight that operating profit is up sharply (about 43.6% year-on-year) and that sales revenue increases to 13.3 trillion won. Korea Times adds additional breakdown details, including the rise in interest income and the drop in non-interest income, as well as an update on Woori Bank’s own third-quarter net profit.
