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Woori Bank's net profit surges 33 pct in 2018

Finance 14:36 February 11, 2019

SEOUL, Feb. 11 (Yonhap) -- Woori Bank, a major South Korean commercial lender, said Monday its net profit for last year soared 33.34 percent from a year earlier.

Net profit came to 2.04 trillion won (US$1.81 billion) in 2018 on a consolidated basis, up from 1.51 trillion won from a year earlier, the lender said in a regulatory filing.

Its operating profit jumped 27.22 percent on-year to 2.74 trillion won, though yearly sales fell 16.05 percent to 19.92 trillion won, according to the lender.

Woori Bank's net profit surges 33 pct in 2018 - 1

graceoh@yna.co.kr
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