Arab Today, arab today woori finance\s q1 net jumps 54
Last Updated : GMT 12:04:57
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Woori Finance\'s Q1 net jumps 54%

Arab Today, arab today

Arab Today, arab today Woori Finance\'s Q1 net jumps 54%

Seoul - Yonhap

Woori Finance Holdings Co., South Korea's largest banking group, said Friday its first-quarter earnings shot up 54 percent from a year earlier on reduced loan-loss reserves and costs. Net income amounted to 323 billion won (US$315 million) in the January-March period, compared with 251 billion won the previous year, the group said in a regulatory filing.

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