KB Financial Group Inc (FRA:KBIA)
€ 51 -1 (-1.92%) Market Cap: 19.40 Bil Enterprise Value: 82.32 Bil PE Ratio: 7.57 PB Ratio: 0.52 GF Score: 66/100

Q2 2023 KB Financial Group Inc Earnings Call Transcript

Jul 25, 2023 / 07:00AM GMT
Release Date Price: €33.2
Bong Joong Kwon
KB Financial Group Inc. - Senior MD & Head of IR Department

Greetings. I'm Peter Kwon, the Head of IR at KBFG. We will now begin the 2023 first half business results presentation. I would like to express my deepest gratitude to everyone for participating today. We have here with us our group CFO and SEVP, Scott YH Seo as well as other members from our group management. We will first hear the 2023 first half major final highlights from CFO and SEVP, Scott YH Seo and then engage in a Q&A session. I would like to invite our SEVP to deliver our 2023 1st half earnings results.

Young Ho Seo
KB Financial Group Inc. - Senior Executive VP & CFO

Good afternoon. I'm Scott YH Seo, CFO of KB Financial Group. Thank you very much for joining our first half 2023 earnings conference call. I will begin with key performance metrics followed by earnings performance in greater detail.

Second quarter '23 group's net profit was KRW 1,499.1 billion, up 12.2% on year to KRW 2,996.7 billion as of the first half of the year. Despite difficult

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