Yonhap News AgencyAugust 2, 2013 02:32
SEOUL, Aug. 2 (Yonhap) -- Woori Finance Holdings Co., South Korea's top banking group, said Friday that its second-quarter earnings declined 51.4 percent from a year ago on a one-off factor and falling profit margin.
Net profit amounted to 148.2 billion won (US$131.7 million) in the April-June period, compared with 305 billion won the previous year, the group said in a regulatory filing. From three months earlier, net income declined 29.5 percent.
In the first half, the group's earnings fell 63 percent on-year to 358.3 billion won.