Woori Financial : Preliminary Financial Performance Figures for the Third Quarter of 2023 - Form 6-K

Form 6-K

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 October 2023

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 Third Quarter of 2023

The preliminary financial performance figures for Woori Financial Group for the nine-month period ended on September 30, 2023, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item		3Q 2023			2Q 2023			% Change Increase (Decrease)			3Q 2022			% Change Increase (Decrease)
Revenue*		Specified Quarter			9,885,945				10,842,271				(8.82	)			20,442,012				(51.64	)
	Cumulative Basis			33,282,756				23,396,811				-				43,156,957				(22.88	)
Operating Income		Specified Quarter			1,223,455				895,438				36.63				1,270,552				(3.71	)
	Cumulative Basis			3,370,893				2,147,438				-				3,702,665				(8.96	)
Income before		Specified Quarter			1,246,937				878,212				41.99				1,288,208				(3.20	)
Income Tax Expense		Cumulative Basis			3,395,470				2,148,533				-				3,756,119				(9.60	)
Net Income		Specified Quarter			918,220				667,190				37.62				933,385				(1.62	)
	Cumulative Basis			2,532,032				1,613,812				-				2,792,689				(9.33	)
Profit to the Equity Holders of the Parent Entity		Specified Quarter			899,409				625,190				43.86			899,811			(0.04	)
	Cumulative Basis			2,438,285				1,538,876				-				2,661,745				(8.40	)

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 Third Quarter of 2023

The preliminary financial performance figures for Woori Bank, a wholly-owned subsidiary of Woori Financial Group, for the nine-month period ended on September 30, 2023, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

Item		3Q 2023			2Q 2023			% Change Increase (Decrease)			3Q 2022			% Change Increase (Decrease)
Revenue*		Specified Quarter			8,815,613				9,783,362				(9.89	)			19,396,423				(54.55	)
	Cumulative Basis			30,066,989				21,251,376				-				40,280,392				(25.36	)
Operating Income		Specified Quarter			1,086,742				815,341				33.29				1,107,783				(1.90	)
	Cumulative Basis			3,043,487				1,956,745				-				3,092,172				(1.57	)
Income before		Specified Quarter			1,112,305				795,478				39.83				1,128,792				(1.46	)
Income Tax Expense		Cumulative Basis			3,063,454				1,951,149				-				3,169,012				(3.33	)
Net Income		Specified Quarter			820,111				612,768				33.84				823,034				(0.36	)
	Cumulative Basis			2,298,012				1,477,901				-				2,381,821				(3.52	)
Profit to the Equity Holders of the Parent Entity		Specified Quarter			817,801				610,260				34.01				819,075				(0.16	)
	Cumulative Basis			2,289,774				1,471,973				-				2,373,541				(3.53	)

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: October 26, 2023			By:		/s/ Sung-Wook Lee
			(Signature)
		Name:		Sung-Wook Lee
		Title:		Deputy President