Woori Financial : Preliminary Financial Performance Figures for the First Quarter of 2024 - Form 6-K

Form 6-K

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 2024

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 ☒   Form40-F ☐

Woori Financial Group's Preliminary Financial Performance Figures

for the First Quarter of 2024

The preliminary financial performance figures for Woori Financial Group for the three-month period ended on March 31, 2024, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item		1Q 2024			4Q 2023			% Change Increase			1Q 2023			% Change Increase (Decrease)
Revenue*		Specified Quarter			12,851,290				8,748,753				46.89	%			12,554,540				2.36	%
	Cumulative Basis			12,851,290				42,033,487				-				12,554,540				2.36	%
Operating Income		Specified Quarter			1,149,233				133,345				761.85	%			1,252,000				(8.21	)%
	Cumulative Basis			1,149,233				3,499,029				-				1,252,000				(8.21	)%
Income before		Specified Quarter			1,143,618				122,141				836.31	%			1,270,321				(9.97	)%
Income Tax Expense		Cumulative Basis			1,143,618				3,517,453				-				1,270,321				(9.97	)%
Net Income		Specified Quarter			839,525				94,966				784.03	%			946,622				(11.31	)%
	Cumulative Basis			839,525				2,626,894				-				946,622				(11.31	)%
Profit to the Equity Holders of the Parent Entity		Specified Quarter			824,490				68,114				1,110.46	%			913,686				(9.76	)%
	Cumulative Basis			824,490				2,506,296				-				913,686				(9.76	)%

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 2024

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, 2024, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item		1Q 2024			4Q 2023			% Change Increase			1Q 2023			% Change Increase (Decrease)
Revenue*		Specified Quarter			11,719,621				7,652,823				53.14	%			11,468,014				2.19	%
	Cumulative Basis			11,719,621				37,719,811				-				11,468,014				2.19	%
Operating Income		Specified Quarter			1,076,844				273,471				293.77	%			1,141,404				(5.66	)%
	Cumulative Basis			1,076,844				3,316,958				-				1,141,404				(5.66	)%
Income before		Specified Quarter			1,067,607				265,980				301.39	%			1,155,671				(7.62	)%
Income Tax Expense		Cumulative Basis			1,067,607				3,329,434				-				1,155,671				(7.62	)%
Net Income		Specified Quarter			792,210				217,068				264.96	%			865,133				(8.43	)%
	Cumulative Basis			792,210				2,515,080				-				865,133				(8.43	)%
Profit to the Equity Holders of the Parent Entity		Specified Quarter			789,693				215,813				265.92	%			861,713				(8.36	)%
	Cumulative Basis			789,693				2,505,587				-				861,713				(8.36	)%

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 26, 2024			By:		/s/ Sung-Wook Lee
			(Signature)
		Name:		Sung-Wook Lee
		Title:		Deputy President