UNITED STATES

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 April 2025

Commission File Number: 001-31811

 

 

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 ☐

 

Woori Financial Group’s Preliminary Financial Performance Figures

for the First Quarter of 2025

The preliminary financial performance figures for Woori Financial Group for the three-month period ended on March 31, 2025, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

 

Item				1Q 2025				4Q 2024				% Change Increase (Decrease)				1Q 2024				% Change Decrease
Revenue*		Specified Quarter			9,657,830				15,502,583				(37.70	)			12,851,295				(24.85	)
		Cumulative Basis			9,657,830				46,680,933				—				12,851,295				(24.85	)
Operating Income		Specified Quarter			867,834				674,160				28.73				1,150,689				(24.58	)
		Cumulative Basis			867,834				4,255,190				—				1,150,689				(24.58	)
Income before		Specified Quarter			863,166				631,278				36.73				1,143,957				(24.55	)
Income Tax Expense		Cumulative Basis			863,166				4,222,847				—				1,143,957				(24.55	)
Net Income		Specified Quarter			653,504				454,071				43.92				838,911				(22.10	)
		Cumulative Basis			653,504				3,171,469				—				838,911				(22.10	)
Profit to the Equity Holders of the Parent Entity		Specified Quarter			615,639				426,128				44.47				824,001				(25.29	)
		Cumulative Basis			615,639				3,085,995				—				824,001				(25.29	)

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).

Woori Bank’s Preliminary Financial Performance Figures

for the First Quarter of 2025

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Financial Group, for the three-month period ended on March 31, 2025, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

 

Item				1Q 2025				4Q 2024				% Change Increase (Decrease)				1Q 2024				% Change Decrease
Revenue*		Specified Quarter			8,461,574				14,205,705				(40.44	)			11,719,621				(27.80	)
		Cumulative Basis			8,461,574				41,881,143				—				11,719,621				(27.80	)
Operating Income		Specified Quarter			813,629				743,376				9.45				1,076,844				(24.44	)
		Cumulative Basis			813,629				4,069,308				—				1,076,844				(24.44	)
Income before		Specified Quarter			816,751				694,031				17.68				1,067,607				(23.50	)
Income Tax Expense		Cumulative Basis			816,751				4,008,987				—				1,067,607				(23.50	)
Net Income		Specified Quarter			634,166				516,295				22.83				791,989				(19.93	)
		Cumulative Basis			634,166				3,046,936				—				791,989				(19.93	)
Profit to the Equity Holders of the Parent Entity		Specified Quarter			633,060				515,011				22.92				789,472				(19.81	)
		Cumulative Basis			633,060				3,039,372				—				789,472				(19.81	)

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).

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: April 25, 2025				By:		/s/ Sung-Wook Lee
				(Signature)
				Name:		Sung-Wook Lee
				Title:		Deputy President