JB Financial Posts Record Q2 Net Profit of 219.6 Billion KRW, Up 5.7% YoY

According to JB Financial Group's announcement on July 23, the company recorded consolidated net profit of 219.6 billion KRW in the second quarter, up 5.7% year-over-year, marking the highest Q2 result in company history.

JB Woori Capital, the group's capital affiliate, drove the performance with net profit of 104.1 billion KRW, up 42% from the prior year period. The company's return on equity (ROE) rose to 13.0% from 11.2% in the previous quarter, while return on assets (ROA) improved to 1.07% from 0.94%. The first-half accumulated net profit reached 385.7 billion KRW, also a record for any half-year period.