Ibk Net Profit 753.4 Billion Won in Q1… Down 7.5% Year-on-Year

조선일보

ddaily.co.kr

View article

Reposted by

ddaily.co.kr

Lean Right

Factuality

Ownership

IBK (Industrial Bank of Korea) recorded a consolidated net profit of 753.4 billion won in the first quarter of this year. This figure represents a 7.5% decrease compared to the same period last year. Announcing these results on the 24th, IBK stated, "This is attributed to the reverse base effect from last year's first-quarter performance, which was the largest in history, as well as the impact of exchange rate variables stemming from Iran." In t…