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Woori Financial revalues land, books KRW 2.47 trillion uplift under K-IFRS

PUBT·04/24/2026 10:18:01
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Woori Financial revalues land, books KRW 2.47 trillion uplift under K-IFRS
  • Woori Financial Group revalued certain land holdings under K-IFRS, lifting carrying value to KRW 4.25 trillion from KRW 1.78 trillion as of March 31, 2026.
  • Revaluation gain totaled KRW 2.47 trillion, equal to 0.4% of total assets of KRW 612.58 trillion.
  • Deferred tax liabilities rose by KRW 676.6 billion due to revaluation.
  • Equity increased by KRW 1.79 trillion, mainly via revaluation surplus recognized in other comprehensive income.
  • Revaluation surplus is not distributable as dividends under Korean Commercial Code.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Woori Financial Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-174875), on April 24, 2026, and is solely responsible for the information contained therein.