EX-99.1 2 exhibit1.htm EX-99.1 Exhibit  EX-99.1

Shinhan Financial Group 2010 1Q Operating Results

On April 29, 2010, Shinhan Financial Group held an earning release conference for 2010 1Q, which was also aired through a live web-cast and conference call. Below are the key figures we announced through a fair disclosure. The full IR presentation material and an audio recording of our web-cast and conference call are available at our website (www.shinhangroup.com).

The financial information in this report has been prepared in accordance with accounting principles generally accepted in Korea and are to be reviewed by our independent auditor. As figures provided have not yet been fully reviewed by external auditors, contents are subject to change in the due course of the reviewing process.

1. Operating Results of Shinhan Financial Group (consolidated)

(KRW million)

                                         
                                    Change
    1Q 2010   4Q 2009   Change (in%)   1Q 2009   (in%)
Operating Revenue
   9,453,733   8,193,718   15.4 %   22,331,108   -57.7 %
 
                                        
Operating Income
   1,100,141   492,816   123.2 %   202,929   442.1 %
 
                                        
Income from Continuing Operation
   1,085,462   404,812   168.1 %   202,037   437.3 %
 
                                        
Net Income
   779,042   256,211   204.1 %   118,117   559.5 %
 
                                        

2. Operating Results of Shinhan Bank (non-consolidated)

(KRW million)

                                         
                                    Change
    1Q 2010   4Q 2009   Change (in%)   1Q 2009   (in%)
Operating Revenue
   6,891,596   5,605,518   22.9 %   19,849,588   -65.3 %
 
                                        
Operating Income
   775,455   372,588   108.1 %   116,159   567.6 %
 
                                        
Income from Continuing Operation
   762,407   256,581   197.1 %   104,335   630.7 %
 
                                        
Net Income
   588,576   184,100   219.7 %   73,733   698.3 %
 
                                        

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3. Operating Results of Shinhan Card (non-consolidated)

(KRW million)

                                         
                                    Change
    1Q 2010   4Q 2009   Change (in%)   1Q 2009   (in%)
Operating Revenue
   984,933   962,389   2.3 %   985,638   -0.1 %
 
                                        
Operating Income
   330,788   321,192   3.0 %   171,078   93.4 %
 
                                        
Income from Continuing Operation
   336,464   306,276   9.9 %   173,046   94.4 %
 
                                        
Net Income
   262,605   242,173   8.4 %   142,569   84.2 %
 
                                        

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