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Woori Financial Q1 profit falls amid overseas setbacks
April 24, 2026
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Woori Financial Group was the only major South Korean banking group to post a decline in net profit in the first quarter, as its overseas operations weighed on earnings, the company’s earnings report showed Friday. The group posted a net profit of 603.8 billion won (405 million) in the January-March period, down 2.1 percent from a year earlier. The figure came in more than 20 percent below the market consensus estimate.
All other banking groups logged record-high earnings. Woori Financial attri
The korea Herald News
Coverage and analysis from South Korea. All insights are generated by our AI narrative analysis engine.
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