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 2017

 

 

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 2017

The preliminary financial performance figures for Woori Bank for the six-month period ended June 30, 2017, on a consolidated basis, are as follows.

(Units: millions of KRW, %)

 

Item

   1H 2017      2H 2016      % Change
Increase
(Decrease)
     1H 2016      % Change
Increase
(Decrease)
 

Revenue*

  

Specified Half

 

    

 

11,988,633

 

 

 

    

 

11,355,196

 

 

 

    

 

5.58

 

 

 

    

 

12,243,074

 

 

 

    

 

(2.08

 

 

   Cumulative Basis      11,988,633        23,598,270        —          12,243,074        —    

Operating Income

  

Specified Half

 

    

 

1,485,290

 

 

 

    

 

625,102

 

 

 

    

 

137.61

 

 

 

    

 

949,103

 

 

 

    

 

56.49

 

 

 

   Cumulative Basis      1,485,290        1,574,205        —          949,103        —    

Income before

  

Specified Half

 

    

 

1,429,953

 

 

 

    

 

642,268

 

 

 

    

 

122.64

 

 

 

    

 

911,121

 

 

 

    

 

56.94

 

 

 

Income Tax Expense

   Cumulative Basis      1,429,953        1,553,389        —          911,121        —    

Net Income

  

Specified Half

 

    

 

1,108,925

 

 

 

    

 

519,747

 

 

 

    

 

113.36

 

 

 

    

 

757,787

 

 

 

    

 

46.34

 

 

 

   Cumulative Basis      1,108,925        1,277,534        —          757,787        —    

Profit to the Equity Holders of the Parent Entity

  

Specified Half

 

Cumulative Basis

    

 

1,098,318

 

1,098,318

 

 

 

    

 

511,000

 

1,261,266

 

 

 

    

 

114.94

 

—  

 

 

 

    

 

750,266

 

750,266

 

 

 

    

 

46.39

 

—  

 

 

 

 

* 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, 2017

    By:  

/s/ Hyun Seok Shin

    (Signature)
    Name :   Hyun Seok Shin
    Title :   Executive Vice President