Shinhan Financial Group (KRX:055550) posted first-quarter net income attributable to shareholders of the parent company of 1.488 trillion won, up 12.6% from 1.321 trillion won a year earlier, according to a regulatory filing with Korea Exchange on Friday.
The South Korean financial group's sales fell 19.9% year over year to 16.1 trillion won from 20.1 trillion won.
Shares of Shinhan Financial Group fell nearly 1% at market close on Monday, April 28.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.