Woori Finance Holdings Co (WF) has released an update.

Woori Financial Group reported a decline in revenue and net income for the third quarter of 2024 compared to the previous quarters, highlighting a challenging period for the company. However, on a cumulative basis, the group’s net income showed a positive growth of 7.29% over the same period in the previous year. Meanwhile, its subsidiary, Woori Bank, also experienced a decline in quarterly revenue but maintained a cumulative net income growth of 10.12% year-over-year.

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