Table of Contents As filed with the Securities and Exchange Commission on April 25, 2025 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 20-F (Mark One) ☐ REGISTRATION STATEMENT PURSUANT TO SECTION 12(b) OR (g) OF THE SECURITIES EXCHANGE ACT OF 1934 OR ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For t ...

Financial Performance Highlights - 1Q25 Group Net Profit reached 1,697.3 billion won, a 62.9% YoY increase, boosting Group ROE to 13.04%, up by 4.91%p [11, 12] - Non-Bank subsidiaries contributed 42% to the Group's net profit, demonstrating a well-balanced portfolio and earnings stability [14, 17] - Group Net Interest Income increased by 2.9% YoY to 3,262.2 billion won, driven by funding cost control efforts [23] - Group Net Non-Interest Income significantly increased by 208% QoQ to 1,292.0 billion won, primarily due to improved securities-related income [28] - Group G&A Expenses decreased by 1.4% YoY to 1,605.6 billion won, resulting in a record-low CIR of 35.3% [34, 38] - Group Provision for Credit Losses increased by 16.0% QoQ to 655.6 billion won, due to Bank's one-off provisioning [40, 42] Capital Adequacy - Group BIS Ratio stood at 16.57% and CET1 Ratio at 13.67% in 2025.3, reflecting industry-strongest capital strength [47, 52] - Bank Loans in Won increased by 6.8% YoY, and 0.9% YTD [71] Subsidiary Performance - KB Kookmin Bank reported a profit for the period of 1,026.4 billion won, with an ROE of 11.06% and a NIM of 1.76% [77] - KB Securities recorded a profit for the period of 179.9 billion won, with an ROE of 10.82% [80]

Audit and Financial Reporting - KB Financial Group Inc. disclosed the audit reports of Kookmin Bank for fiscal year 2024, which are based on International Financial Reporting Standards[3]. - The financial statements for Kookmin Bank as of December 31, 2024, and 2023, remain subject to change and have not yet been approved by shareholders[3]. - The independent auditor, Samil PricewaterhouseCoopers, provided an opinion that the consolidated financial statements present fairly the financial position of the Group as of December 31, 2024, and 2023[11]. - The audit was conducted in accordance with Korean Standards on Auditing, ensuring independence and ethical compliance[12]. - Management is responsible for the preparation of the consolidated financial statements and ensuring they are free from material misstatement[14]. - The auditor's report emphasizes the importance of assessing the Group's ability to continue as a going concern[15]. - The audit procedures included evaluating the appropriateness of accounting policies and the reasonableness of estimates made by management[21]. - The audit report is effective as of March 5, 2025, and may need revision if subsequent events impact the financial statements[20]. - The audit findings will be communicated to those charged with governance, highlighting any significant deficiencies in internal control[19]. Financial Performance - Total assets increased to W 562,887,180 million in 2024, up from W 530,012,853 million in 2023, representing a growth of approximately 6.7%[22]. - Net interest income rose to W 10,223,872 million in 2024, compared to W 9,870,067 million in 2023, reflecting an increase of about 3.6%[24]. - Profit for the period was W 3,151,402 million in 2024, slightly up from W 3,149,952 million in 2023, indicating a marginal growth of 0.05%[24]. - Total liabilities increased to W 524,859,860 million in 2024, from W 493,464,126 million in 2023, marking an increase of approximately 6.4%[22]. - Deposits grew to W 421,200,651 million in 2024, up from W 393,246,702 million in 2023, which is an increase of about 7.1%[22]. - Total equity reached W 38,027,320 million in 2024, compared to W 36,548,727 million in 2023, reflecting a growth of approximately 4.1%[26]. - The provision for credit losses decreased significantly to W 680,087 million in 2024 from W 1,608,128 million in 2023, a reduction of about 57.7%[24]. - Comprehensive income for the period was W 3,319,506 million in 2024, down from W 3,760,873 million in 2023, representing a decline of approximately 11.7%[24]. - The bank's capital surplus decreased to W 4,650,118 million in 2024 from W 4,735,404 million in 2023, a decrease of about 1.8%[26]. - The net defined benefit asset decreased to W 163,892 million in 2024 from W 228,565 million in 2023, a decline of approximately 28.3%[22]. Cash Flow and Investments - Net cash inflow from operating activities decreased to W 5,297,103 million in 2024 from W 7,422,240 million in 2023, a decline of 28.6%[28]. - Net cash outflow from investing activities increased to W 1,457,041 million in 2024 from W 350,930 million in 2023, indicating a rise of 314.5%[28]. - Net cash outflow from financing activities decreased to W 5,823,531 million in 2024 from W 7,825,942 million in 2023, a reduction of 25.6%[28]. - Cash and cash equivalents at the end of the period decreased to W 21,489,706 million in 2024 from W 22,561,791 million in 2023, a decline of 4.8%[28]. Operational Overview - The Bank operates 800 domestic branches and 11 overseas branches as of December 31, 2024[33]. - The Bank's paid-in capital as of December 31, 2024, is W 2,021,896 million[32]. Compliance and Accounting Policies - The Group's financial statements are prepared in accordance with Korean IFRS, ensuring compliance with international standards[34]. - The Group expects that amendments to Korean IFRS will not have a significant impact on the consolidated financial statements[44]. - The Group fully consolidates subsidiaries from the date control is transferred and de-consolidates when control is lost[57]. - The Group measures identifiable assets and liabilities in a business combination at acquisition-date fair values[62]. - The Group applies the equity method for investments in associates, adjusting the carrying amount based on the Group's share of profit or loss[66]. - Unrealized gains and losses from transactions between the Group and associates are eliminated to the extent of the Group's share in associates[66]. - The Group recognizes financial assets and liabilities at fair value upon initial recognition, with subsequent measurement based on classification[81][84]. - The fair value of financial instruments is determined using quoted prices in active markets or valuation techniques when no active market exists[86][87]. - The Group derecognizes financial assets when contractual rights to cash flows expire or when it transfers substantially all risks and rewards of ownership[96]. - The Group recognizes exchange differences arising from foreign currency transactions in profit or loss, except for certain net investments[75]. - The Group translates the results of foreign operations into the presentation currency using average exchange rates for the period[77]. - The Group's Fair Value Evaluation Committee reviews and approves the appropriateness of valuation models used for fair value measurement[92]. Credit Risk and Financial Assets - The Group recognizes expected credit losses for financial assets at amortized cost and fair value through other comprehensive income, with a focus on significant increases in credit risk since initial recognition[110]. - As of December 31, 2024, the expected credit loss allowances under the deterioration scenario amount to 2,152,009 million Korean won, while the crisis situation scenario amounts to 4,323,709 million Korean won[122]. - The Group measures expected credit losses based on a range of macroeconomic variables, including benchmark interest rates and unemployment rates, to assess credit risk[118]. - Financial assets at fair value through profit or loss are measured at fair value, with gains or losses recognized in profit or loss[105]. - The Group applies a general approach for measuring expected credit losses, differentiating based on whether credit risk has increased significantly after initial recognition[111]. Derivative Instruments and Risk Management - Derivative financial instruments are initially recognized at fair value and subsequently measured at fair value, with changes recognized in profit or loss[133]. - The Group's derivative financial instruments business focuses on managing interest rate and currency risks for corporate clients[130]. - The Group hedges interest rate risk entirely and only hedges foreign currency risk related to the proportional part of the notional amount[141]. - The Group uses interest rate swaps to avoid cash flow variability of floating rate debt securities, which may create hedge ineffectiveness due to different payment dates[144]. Asset Measurement and Impairment - The Group measures property and equipment at cost less accumulated depreciation, with buildings depreciated over 20 to 40 years[153]. - Investment properties are measured initially at cost and depreciated using a straight-line method over 40 years[156]. - Intangible assets are initially measured at cost and amortized over their estimated useful life, with software amortized over 4 to 5 years[158]. - Goodwill from business combinations after January 1, 2010, is measured as the excess of consideration transferred over the fair value of net identifiable assets acquired[161]. - The Group assesses non-financial assets for impairment at each reporting period, with impairment losses recognized immediately in profit or loss if the recoverable amount is less than the carrying amount[170]. - Non-current assets held for sale are measured at the lower of carrying amount and fair value less costs to sell, with no depreciation while classified as held for sale[172]. Financial Liabilities and Provisions - Financial liabilities are classified as either at fair value through profit or loss or other financial liabilities, with the latter measured at amortized cost after initial recognition[177]. - The Group recognizes financial liabilities in the consolidated statement of financial position when it becomes a party to the contractual provisions[174]. - Provisions are recognized when there is a present obligation, and a reliable estimate can be made of the amount required to settle the obligation[179]. - Provisions for confirmed and unconfirmed acceptances and guarantees are reviewed at the end of each reporting period and adjusted to reflect the current best estimate[180]. - An onerous contract is recognized when the unavoidable costs exceed the expected economic benefits, measured as provisions[181]. - Financial guarantee contracts are initially recognized at fair value and amortized over the contractual term[183]. Revenue Recognition - Interest income and expense are recognized using the effective interest method, which discounts estimated future cash flows[188]. - Revenue recognition follows a five-step process, including identifying contracts and performance obligations[190]. - Fees related to performance obligations satisfied over time are recognized over the period of performance obligations[195]. - Net gains or losses on financial instruments at fair value through profit or loss include changes in fair value and dividends[199]. - Employee contributions to defined contribution plans are recognized as post-employment benefits for the period[200].

KB Financial Group Inc. (NYSE:KB) Q4 2024 Earnings Conference Call February 7, 2023 2:00 AM ET Company Participants Peter Kweon - Head of Investor Relations Jae Kwan Kim - CFO and SEVP Conference Call Participants Unknown Analyst – SK Securities Jun Jeong - HSBC Jeong Tae Joon - Yuanta Securities Kim Jae-Woo - Samsung Securities Kim Do-ha - Hanwha Securities Cho Jihyun - JP Morgan Peter Kweon Greetings. I am Peter Kweon, the head of IR at KBFG. We will now begin the 2023 full year business results presentat ...

Group 1 - KB Financial Group is one of the largest financial institutions globally and the largest bank conglomerate in South Korea [1] - The group consists of several subsidiaries primarily engaged in banking, credit card services, and financial advisory [1]

Financial Position - Total assets as of September 30, 2024, amounted to W745,334,299 million, an increase from W715,738,152 million as of December 31, 2023, representing a growth of approximately 4.5%[13] - Total liabilities increased to W685,424,283 million from W656,864,842 million, reflecting a rise of about 4.3%[13] - Total equity attributable to shareholders of the Parent Company reached W57,948,499 million, up from W56,929,804 million, indicating an increase of approximately 1.8%[13] - Total equity as of September 30, 2023, was W58,814,335 million, reflecting a decrease of W36,447 million from the previous period[22] - As of September 30, 2024, total equity increased to W59,910,016 million, showing growth from the previous year[22] Income and Revenue - Interest income for Q3 2024 reached W7,637,802 million, a 3% increase from W7,413,308 million in Q3 2023[15] - Net interest income for the nine months ended September 30, 2024, was W9,522,689 million, up 6.3% from W8,958,317 million in the same period of 2023[15] - Fee and commission income for Q3 2024 was W1,342,678 million, representing a 3.8% increase compared to W1,292,826 million in Q3 2023[15] - Net operating income for the nine months ended September 30, 2024, was W7,015,248 million, an increase of 14.3% from W6,139,347 million in the same period of 2023[15] - Profit before income tax expense for Q3 2024 was W2,284,151 million, a 20% increase from W1,903,078 million in Q3 2023[15] - Total comprehensive income for the period in Q3 2024 was W1,333,711 million, compared to W1,523,028 million in Q3 2023[19] - Basic earnings per share for Q3 2024 were W4,129, up from W3,444 in Q3 2023[19] - The company reported a total comprehensive income of W2,586,587 million for the period ending September 30, 2024[22] - Total net operating revenues for the nine-month period ended September 30, 2024, reached W13,367,317 million, a significant increase compared to the previous year[107] Cash Flow and Investments - Cash and due from financial institutions decreased to W26,228,938 million from W29,836,311 million, a decline of about 12.0%[13] - Net cash inflow from operating activities decreased to W5,006,802 million in 2024 from W5,306,326 million in 2023, a decline of about 5.6%[25] - Net cash outflow from investing activities increased to W3,433,037 million in 2024 compared to W2,017,297 million in 2023, representing a significant increase of approximately 70.3%[29] - Net cash outflow from financing activities rose to W5,458,886 million in 2024, up from W1,930,927 million in 2023, indicating an increase of around 182.5%[29] - The Group's acquisition of financial investments totaled W31,072,493 million in 2024, down from W32,901,359 million in 2023, showing a decrease of about 5.6%[29] Credit and Risk Management - Current income tax liabilities increased significantly to W408,170 million from W145,335 million, a rise of approximately 180.5%[13] - The Group's risk management system focuses on credit risk, market risk, liquidity risk, and operational risk, with significant risks quantified using internal capital or Value at Risk (VaR) methods[54] - Credit risk management includes assigning credit ratings to all loan customers, with regular evaluations to manage credit risks effectively[60] - The Group's expected credit losses for loans classified as financial assets at amortized cost totaled W219,893,227 million for corporate loans, with a lifetime not impaired amounting to W25,392,537 million[69] - The provision for credit losses for the nine months ended September 30, 2024, was W1,479,143 million, compared to W1,768,170 million in the same period of 2023[15] Loans and Allowances - Loans measured at amortized cost increased to W466,006,550 million from W444,805,287 million, representing a growth of about 4.5%[65] - The total maximum exposure to credit risk as of September 30, 2024, was W943,783,822 million, compared to W913,028,901 million at the end of 2023, indicating an increase of approximately 3.4%[65] - The allowance for credit losses for due from financial institutions increased to W1,707 million, with a provision of W650 million during the period[164] - The ending balance of 12-month expected credit losses is W426,782,354 million, while lifetime expected credit losses (not impaired) stand at W39,434,776 million and impaired at W5,240,544 million[200] Financial Instruments and Fair Value - The Group's financial statements are prepared based on the historical cost accounting model, with the functional currency being Korean won[45][46] - The Group employs external valuation services alongside internal models to determine the fair value of financial instruments at the end of each reporting period[135] - The total financial assets at fair value through profit or loss amounted to W76,935,965 million, with a significant portion in debt securities at W71,775,639 million[124] - The fair value of financial assets at fair value through other comprehensive income reached W89,451,645 million, primarily driven by debt securities valued at W85,234,138 million[124] - The total financial liabilities designated at fair value through profit or loss was W6,898,320 million, indicating a diverse liability structure[124] Operational Performance - The company anticipates continued growth in its banking and insurance services, supported by strategic market expansions and new product developments[110] - The life insurance segment generated W740,482 million in profit, contributing positively to overall financial performance[108] - The securities segment reported net operating income of W729,851 million, highlighting its importance in the company's portfolio[108] - The Group's banking business includes corporate and retail banking, with a focus on loans and deposit products for various customer segments[106] Dividends and Shareholder Returns - The company paid annual dividends of W564,970 million to shareholders of the Parent Company during the period[22] - Profit attributable to shareholders of the Parent Company was W4,395,289 million, showcasing a solid profit margin[108]

Financial Data and Key Metrics - Q3 2024 cumulative net profit was KRW 4.3953 trillion, up 0.4% year-over-year, driven by strong performance in nonbank subsidiaries such as securities, insurance, and credit card businesses [12] - Q3 net profit was KRW 1.614 trillion, down Q-over-Q due to base effects from sizable provisioning last quarter for ELS compensation [12] - Cumulative credit cost improved by 11 basis points year-over-year to 0.41% in Q3 [13] - CET1 ratio increased by 25 basis points Q-over-Q to 13.85% as of September 2024 [10] - Net interest income in Q3 was KRW 3.165 trillion, down 1.3% Q-over-Q due to interest rate cuts [14] - Net fees and commission income in Q3 was KRW 942.7 billion, up 2.5% Q-over-Q, driven by bancassurance and securities investment banking fees [14] - Other operating profit in Q3 was KRW 398.7 billion, up 23.4% Q-over-Q, driven by market and FX rate movements [15] - G&A expense in Q3 was KRW 1.6508 trillion, up 3.6% Q-over-Q, while cumulative CIR was 36.5% [15] - PCL in Q3 was KRW 498.1 billion, down 9.9% Q-over-Q, due to reduced provisioning at nonbank subsidiaries [15] - Nonoperating profit in Q3 declined by KRW 140 billion Q-over-Q due to base effects from ELS compensation provisioning [16] - Cumulative group ROE in Q3 2024 was 11.26%, above the target of 10% [16] - Bank's total loan in won as of September 2024 was KRW 362 trillion, up 2.9% versus June and 5.9% year-to-date [16] - Group and bank's NIM in Q3 was 1.95% and 1.71%, respectively, down 13 basis points Q-over-Q [17] Business Line Performance - Nonbank subsidiaries, including securities, insurance, and credit card businesses, performed well despite rate cuts and a sluggish economy [12] - Household loans increased by 2.7% or KRW 4.6 trillion versus June, driven by rising transaction volumes [16] - Corporate loans increased by 3.2% compared to June, with SME loans trending upward [17] Market Performance - The real estate PF market stabilization led to some provisioning reversals, contributing to stable credit cost management [18] - The CET1 ratio of 13.85% as of September 2024 reflects the industry's top level of capital buffer [13] Strategic Direction and Industry Competition - The company is focusing on sustainable and predictable shareholder returns, linking them to CET1 ratio [5][6] - KB Financial Group aims to maintain industry-leading shareholder returns, with a total shareholder return ratio of 37.7% in 2023 [4] - The company is reorganizing its business management system to focus on RWA-centric growth and fundamental earnings generation [6] - KB plans to maintain a CET1 ratio above 13.5% throughout the year, using excess capital for share buybacks and dividends [10][11] Management Commentary on Operating Environment and Future Outlook - Management emphasized the importance of sustainability and predictability in shareholder returns [4][5] - The company expects to maintain robust credit cost control despite macroeconomic uncertainties [13] - Management anticipates steady NIM levels in Q4 2024, with loan growth slowing due to government controls on household lending [17] - The company plans to focus on quality-driven growth rather than loan book expansion, aiming for sustainable interest income generation [18] Other Important Information - The company approved a quarterly cash dividend of KRW 795 per share and an additional share buyback and cancellation of KRW 100 billion [11] - KB Financial Group plans to enhance communication with investors by providing a value-up bulletin board on its website and allowing individual investors to submit questions before earnings releases [19] Q&A Session Summary Question: RWA growth target and shareholder return [21] - The company targets RWA growth at around 5%, aligning with nominal GDP growth, and does not set a specific TSR target but focuses on increasing the absolute amount of shareholder returns [23][24] Question: RoRWA targets and balance between dividends and share buybacks [25] - The company will set RoRWA targets for 2025 and link them to executive compensation, with a focus on expanding share buybacks until PBR reaches 1.0 [26][27] Question: Timing of share buybacks based on CET1 ratio [29] - Share buybacks in the second half are based on the CET1 ratio as of the second quarter, with potential adjustments based on special circumstances [29] Question: Compensation plan alignment with value-up program [32] - The company is aligning KPIs with the value-up program, emphasizing RoRWA and expanding incentives to sales teams [32][33] Question: Competitive edge and NIM outlook [35] - The company's value-up program is characterized by sustainability and predictability, with CET1-linked shareholder returns [36] - NIM is expected to remain steady in Q4 2024, with similar quarterly NIM levels anticipated for next year [39][41] Question: Sensitivity of RWA to external factors [43] - FX rate fluctuations have a minor impact on RWA, with a 1 basis point effect for every KRW 10 change [44] Question: Credit cost projections and real estate PF market [47] - The company expects credit cost to remain around 40 basis points, with reversals from preemptive provisioning in real estate PF [47][48]

Core Viewpoint - The article emphasizes the importance of confirming the sustainability of stock trends for profitable short-term investing, highlighting the utility of a "Recent Price Strength" screen to identify stocks with strong fundamentals and upward momentum [1]. Group 1: Stock Performance - KB Financial has shown a solid price increase of 5.5% over the past 12 weeks, indicating investor confidence in its potential upside [2]. - The stock has also experienced a price increase of 6.1% over the last four weeks, suggesting that the upward trend is still intact [2]. - Currently, KB is trading at 89% of its 52-week high-low range, indicating a potential breakout opportunity [2]. Group 2: Fundamental Strength - KB Financial holds a Zacks Rank 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [3]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks generating an average annual return of +25% since 1988 [3]. - The Average Broker Recommendation for KB is also 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term price performance [3]. Group 3: Investment Strategy - The article suggests that investors should consider other stocks that meet the "Recent Price Strength" criteria, in addition to KB Financial [4]. - It highlights the availability of over 45 Zacks Premium Screens tailored to different investing styles, which can help identify winning stock picks [4]. - The Zacks Research Wizard tool allows backtesting of stock-picking strategies, enhancing the effectiveness of investment decisions [4].

Group 1 - Korea is implementing a "value up" initiative to enhance corporate governance, similar to Japan's approach [1] - KB Financial Group Inc. is identified as a primary beneficiary of this initiative, although it has not yet realized the expected benefits [1]

Financial Performance - Total net operating revenues for the first half of 2024 reached W8,671,562 million, a significant increase compared to W8,671,562 million in the same period of 2023[5] - Net interest income for the first half of 2024 was W5,833,669 million, up from W5,365,788 million in the first half of 2023, reflecting a growth of approximately 8.7%[5] - The life insurance segment reported revenues of W205,189 million for the first half of 2024, compared to W215,461 million in the same period of 2023, indicating a decline of about 4.9%[5] - The company reported a profit for the period for the six months ended June 30, 2024, was W2,773,879 million, an increase of 13.5% from W3,014,922 million in the same period of 2023[67] - Total comprehensive income for the six months ended June 30, 2024, was W1,252,876 million, compared to W3,641,693 million in the same period of 2023, showing a decrease of 65.6%[68] - Basic earnings per share for the six months ended June 30, 2024, were W7,041, up from W3,776 in the same period of 2023, reflecting an increase of 86.0%[68] Assets and Liabilities - The total assets of the company as of June 30, 2024, amounted to W722,984,946 million, with financial assets at fair value through profit or loss totaling W77,708,742 million[9] - The total carrying amount of loans measured at amortized cost was W455,873,383 million as of June 30, 2024[9] - The company’s total financial liabilities were W623,425,366 million, with deposits accounting for W420,217,889 million[9] - Total liabilities reached W682,409,720 million, an increase from W656,864,842 million at the end of 2023, reflecting a growth of approximately 3.9%[85] - The company reported a net increase in cash and cash equivalents of W1,253,590 million for the first half of 2024, compared to W22,086 million in the same period of 2023[72] Income and Expenses - The company’s total insurance income for the first half of 2024 was W5,339,779 million, with insurance expenses amounting to W4,507,557 million, resulting in a net insurance income of W832,222 million[5] - The company experienced a net other operating expense of W690,568 million for the six months ended June 30, 2024, compared to W718,208 million in the same period of 2023, reflecting a decrease of 3.8%[67] - The company reported a provision for credit losses of W981,088 million for the six months ended June 30, 2024, compared to W1,319,485 million in the same period of 2023, indicating a decrease of 25.7%[67] Risk Management - The company has implemented risk management strategies to mitigate market risks, including interest rate and currency risks[36] - The Risk Management Department regularly measures and monitors interest rate risk and liquidity risk, ensuring compliance with established limits[51] - The Group's risk management system focuses on increasing risk transparency and managing significant risks such as credit risk, market risk, and liquidity risk[105] Investments - The company reported a net gain on financial instruments at fair value through profit or loss of W1,159,314 million for the first half of 2024[5] - Financial assets at fair value through profit or loss amounted to W33,672,956 million as of June 30, 2024, with debt securities contributing W33,401,468 million[18] - The total financial assets at fair value through other comprehensive income were W45,219,212 million, indicating a diversified investment portfolio[18] Shareholder Information - Dividends paid increased to W887,092 million in the first half of 2024, compared to W760,936 million in the same period of 2023, marking an increase of approximately 16.6%[72] - The total equity attributable to shareholders of the Parent Company increased to W57,152,838 million from W56,929,804 million at the end of 2023, reflecting a growth of about 0.4%[85] - The Parent Company's share capital remained stable at W2,090,558 million as of June 30, 2024[73] Cash Flow - For the six-month period ended June 30, 2024, the net cash flow from operating activities was W821,945.1 million, compared to W295,835.3 million in the same period of 2023, representing a significant increase[91] - Net cash inflow from investing activities was reported at (W6,368,921) million for the first half of 2024, a significant decrease from W1,725,015 million in the same period of 2023[72] - The company reported a decrease in net cash outflow from financing activities to W912,307 million, down from W4,700,986 million in the first half of 2023[72]