{"id":64333,"date":"2024-04-25T05:00:00","date_gmt":"2024-04-25T00:00:00","guid":{"rendered":"http:\/\/myanmarnewsgazette.com\/?guid=74d54bf0c4b74c1ddca21548da1ec12a"},"modified":"2024-04-25T05:00:00","modified_gmt":"2024-04-25T00:00:00","slug":"kb-financial-group-q1-net-profit-down-29-6-pct-to-1-06-tln-won","status":"publish","type":"post","link":"https:\/\/myanmarnewsgazette.com\/kb-financial-group-q1-net-profit-down-29-6-pct-to-1-06-tln-won\/","title":{"rendered":"KB Financial Group Q1 net profit down 29.6 pct to 1.06 tln won"},"content":{"rendered":"
\nKB Financial Group Inc. on Thursday reported its first-quarter net income of 1.06 trillion won (US$773 million), down 29.6 percent from a year earlier.<\/p>\n
The company said in a regulatory filing that it posted 2.35 trillion won in operating profit for the quarter, compared with 2.14 trillion won a year ago. Sales fell 6 percent to 23.35 trillion won.<\/p>\n
The earnings beat market expectations. The average estimate of net profit by analysts stood at 947.2 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.<\/p>\n
Source: Yonhap News Agency<\/p>\n","protected":false},"excerpt":{"rendered":"
KB Financial Group Inc. on Thursday reported its first-quarter net income of 1.06 trillion won (US$773 million), down 29.6 percent from a year earlier.<\/p>\n
The company said in a regulatory filing that it posted 2.35 trillion won in operating profit for t…<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[13],"tags":[],"yoast_head":"\n