0001193125-19-198413.txt : 20190722 0001193125-19-198413.hdr.sgml : 20190722 20190722060802 ACCESSION NUMBER: 0001193125-19-198413 CONFORMED SUBMISSION TYPE: 6-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20190722 FILED AS OF DATE: 20190722 DATE AS OF CHANGE: 20190722 FILER: COMPANY DATA: COMPANY CONFORMED NAME: WOORI FINANCIAL GROUP INC. CENTRAL INDEX KEY: 0001264136 STANDARD INDUSTRIAL CLASSIFICATION: COMMERCIAL BANKS, NEC [6029] IRS NUMBER: 000000000 STATE OF INCORPORATION: M5 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 6-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-31811 FILM NUMBER: 19964451 BUSINESS ADDRESS: STREET 1: 51, SOGONG-RO, JUNG-GU, CITY: SEOUL KOREA STATE: M5 ZIP: 04632 BUSINESS PHONE: 000-000-0000 MAIL ADDRESS: STREET 1: 51, SOGONG-RO, JUNG-GU, CITY: SEOUL KOREA STATE: M5 ZIP: 04632 FORMER COMPANY: FORMER CONFORMED NAME: WOORI BANK DATE OF NAME CHANGE: 20141015 FORMER COMPANY: FORMER CONFORMED NAME: WOORI FINANCE HOLDINGS CO LTD DATE OF NAME CHANGE: 20030917 6-K 1 d740328d6k.htm FORM 6-K Form 6-K

 

 

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 July 2019

 

 

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  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

Woori Financial Group’s Preliminary Financial Performance Figures

for the First Half of 2019

The preliminary financial performance figures for Woori Financial Group for the six-month period ended on June 30, 2019, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

 

Item

    1H 2019      2H 2018      % Change
Increase
(Decrease)		      1H 2018      % Change
Increase
(Decrease)		  

Revenue*

    Specified Quarter      12,111,634        —          —          —          —    
   Cumulative Basis      12,111,634        —          —          —          —    
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Operating Income

    Specified Quarter      1,709,905        —          —          —          —    
   Cumulative Basis      1,709,905        —          —          —          —    
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Income before

    Specified Quarter      1,727,440        —          —          —          —    

Income Tax Expense

    Cumulative Basis      1,727,440        —          —          —          —    
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Net Income

    Specified Quarter      1,271,274        —          —          —          —    
   Cumulative Basis      1,271,274        —          —          —          —    
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  
Profit to the Equity Holders of the Parent Entity    Specified Quarter      1,179,049        —          —          —          —    
   Cumulative Basis      1,179,049        —          —          —          —    

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).

- For more information, refer to our website. (www.woorifg.com)

Woori Bank’s Preliminary Financial Performance Figures

for the First Half of 2019

The preliminary financial performance figures for Woori Bank for the six-month period ended on June 30, 2019, on a consolidated basis, are as follows. (Units: millions of KRW, %)

 

Item

    1H 2019      2H 2018      % Change
Increase
(Decrease)		      1H 2018      % Change
Increase
(Decrease)		  

Revenue*

    Specified Quarter      12,098,664        8,459,843        43.01        11,480,713        5.38  
   Cumulative Basis      12,098,664        19,940,556        —          11,480,713        5.38  
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Operating Income

    Specified Quarter      1,733,453        951,586        82.16        1,807,715        -4.11  
   Cumulative Basis      1,733,453        2,759,301        —          1,807,715        -4.11  
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Income before

    Specified Quarter      1,700,552        1,003,340        69.49        1,801,532        -5.61  
Income Tax Expense    Cumulative Basis      1,700,552        2,804,872        —          1,801,532        -5.61  
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Net Income

    Specified Quarter      1,246,014        735,332        69.45        1,316,317        -5.34  
   Cumulative Basis      1,246,014        2,051,649        —          1,316,317        -5.34  
     

 

 

     

 

 

     

 

 

     

 

 

     

 

 

  

Profit to the Equity Holders of

the Parent Entity

    Specified Quarter      1,232,080        727,304        69.4        1,305,878        -5.65  
   Cumulative Basis      1,232,080        2,033,182        —          1,305,878        -5.65  

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).

- For more information, refer to our website. (www.woorifg.com)

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: July 22, 2019

     By:  

/s/ Kyong-Hoon Park

   

(Signature)

    Name:   Kyong-Hoon Park
    Title:   Deputy President