Woori Financial Group Q3 net income down 16.4% to $815.2 mil.
Woori Financial Group on Friday reported a third-quarter net income of 1.08 trillion won ($815.2 million), down 16.4 percent from a year earlier. Operating profit for the July-September period was 1.41 trillion won, up 43.6 percent from a year ago, the banking group said in a regulatory filing. Sales also jumped 66.2 percent to 13.3 trillion won. The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 963.4 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
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