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 July 2018

 

 

Woori Bank

(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  ☒            Form 40-F  ☐

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ☐

Note: Regulation S-T Rule 101(b)(1) only permits the submission in paper of a Form 6-K if submitted solely to provide an attached annual report to security holders.

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ☐

Note: Regulation S-T Rule 101(b)(7) only permits the submission in paper of a Form 6-K if submission to furnish a report or other document that the registration foreign private issuer must furnish and make public under the laws of the jurisdiction in which the registrant is incorporated, domiciled or legally organized (the registrant’s “home country”), or under the rules of the home country exchange on which the registrant’s securities are traded, as long as the report or other document is not a press release, is not required to be and has not been distributed to the registrant’s security holders, and if discussing a material event, has already been the subject of a Form 6-K submission or other Commission filing on EDGAR.

 

 

 

Woori Bank’s Preliminary Financial Performance Figures

for the First Half of 2018

The preliminary financial performance figures for Woori Bank for the six-month period ended June 30, 2018, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

 

Item

    1H 2018      2H 2017      % Change
Increase
(Decrease)		     1H 2017      % Change
Increase
(Decrease)		  
Revenue*  

 

Specified Half

 

   

 

 

 

11,480,713

 

 

   

 

 

 

11,738,242

 

 

   

 

 

 

(2.19

 

) 

  

 

 

 

11,986,864

 

 

   

 

 

 

(4.22

 

) 

 

Cumulative Basis

 

      11,480,713        23,725,106        —         11,986,864        (4.22 ) 
Operating Income  

Specified Half

 

      1,807,715        672,514        168.80       1,484,228        21.79  
 

Cumulative Basis

 

      1,807,715        2,156,742        —         1,484,228        21.79  
Income before  

Specified Half

 

      1,801,532        519,558        246.74       1,429,948        25.99  
Income Tax Expense  

Cumulative Basis

 

      1,801,532        1,949,506        —         1,429,948        25.99  
Net Income  

Specified Half

 

      1,316,317        421,073        212.61       1,109,015        18.69  
 

Cumulative Basis

 

      1,316,317        1,530,088        —         1,109,015        18.69  

Profit to

the Equity

Holders of

the Parent Entity

   Specified Half      1,305,878        413,787        215.59       1,098,361        18.89  
  Cumulative Basis      1,305,878        1,512,148        —         1,098,361        18.89  

 

* Represents the sum of interest income, fee and commission income, dividend income, gain on financial assets and other operating income (excluding non-operating income).

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.

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 Bank
    (Registrant)
Date: July 20, 2018     By:  

/s/ Won Duk Lee

      (Signature)
    Name :   Won Duk Lee
    Title :   Managing Director