IBK, 1Q Operating Profit 661.3 Billion KRW... 11% Decrease YoY
[Asia Economy Reporter Minwoo Lee] Industrial Bank of Korea's operating profit for the first quarter of this year decreased by more than 11%.
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Industrial Bank of Korea announced on the 27th that it posted provisional results of consolidated sales of 7,931.7 billion KRW and operating profit of 661.3 billion KRW for the first quarter of this year. Compared to the same period last year, sales increased by 60.6%, but operating profit decreased by 11.2%. Net profit for the same period was recorded at 500.5 billion KRW, down 10.2%.
This content was produced with the assistance of AI translation services.
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