Woori Finance Holdings Co ( (WF) ) has issued an announcement.
On March 5, 2025, Woori Financial Group Inc. released its audit reports for the fiscal year 2024, prepared in accordance with the International Financial Reporting Standards as adopted by Korea. The audit, which covers the financial statements for 2023 and 2024, received an unmodified opinion, indicating that the financial position and performance of the company are fairly presented. However, the financial statements are yet to be approved by shareholders and are subject to change. The audit highlighted key matters such as the allowance for credit losses, which involves significant management judgment and potential risk of misstatement. This disclosure is crucial for stakeholders as it reflects the company’s financial health and internal control effectiveness, impacting its market positioning and investor confidence.
More about Woori Finance Holdings Co
Woori Financial Group Inc. is a prominent entity in the financial services industry, primarily offering banking and financial solutions. The company is headquartered in Seoul, Korea, and focuses on providing comprehensive financial services, including corporate and retail banking, investment banking, and asset management.
YTD Price Performance: 6.56%
Average Trading Volume: 63,668
Technical Sentiment Consensus Rating: Sell
Current Market Cap: $8.29B
See more data about WF stock on TipRanks’ Stock Analysis page.