UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

 

Form 6-K

 

 

REPORT OF FOREIGN PRIVATE ISSUER

PURSUANT TO RULE 13a-16 OR 15d-16 UNDER

THE SECURITIES EXCHANGE ACT OF 1934

For the month of July 2015

Commission File Number: 000-53445

 

 

KB Financial Group Inc.

(Translation of registrant’s name into English)

 

 

84, Namdaemoon-ro, Jung-gu, Seoul 100-703, Korea

(Address of principal executive office)

 

 

Indicate by check mark whether the registrant files or will file annual reports under cover of Form 20-F or Form 40-F.

Form 20-F  x            Form 40-F  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(1):  ¨

Indicate by check mark if the registrant is submitting the Form 6-K in paper as permitted by Regulation S-T Rule 101(b)(7):  ¨

Indicate by check mark whether the registrant by furnishing the information contained in this Form is also thereby furnishing the information to the Commission pursuant to Rule 12g3-2(b) under the Securities Exchange Act of 1934.

Yes  ¨            No   x

If “Yes” is marked, indicate below the file number assigned to the registrant in connection with Rule 12g3-2(b): 82-      N/A      .

 

 

 


2015 First Half Preliminary Operating Results

On July 23, 2015, KB Financial Group Inc. (“KB Financial Group”) held an earnings conference and released its preliminary operating results for the first half of fiscal year 2015. The following tables reflect the key figures released during the conference. The presentation materials for the conference, which contain further details, are available at KB Financial Group’s website (http://www.kbfg.com).

The preliminary figures presented herein are based on the International Financial Reporting Standards as adopted by the Republic of Korea (“K-IFRS”) and are currently being reviewed by our independent auditors and are subject to change.

 

  1. Preliminary operating results of KB Financial Group (Consolidated)

 

(Won in millions, %)

   2Q 2015      1Q 2015      % Change
Increase
(Decrease)
(Q to Q)
    2Q 2014*      % Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue**

   Specified Quarter      5,402,522         5,250,370         2.90     5,707,527         -5.34
   Cumulative      10,652,892         5,250,370                10,694,088         -0.39

Net operating profit

   Specified Quarter      397,893         535,893         -25.75     525,409         -24.27
   Cumulative      933,786         535,893                1,009,133         -7.47

Profit before income tax

   Specified Quarter      434,957         741,719         -41.36     522,767         -16.80
   Cumulative      1,176,676         741,719                1,023,755         14.94

Profit for the period

   Specified Quarter      346,408         613,155         -43.50     398,929         -13.17
   Cumulative      959,563         613,155                758,163         26.56

Profit attributable to shareholders

of the parent company

   Specified Quarter      339,621         604,965         -43.86     392,219         -13.41
   Cumulative      944,586         604,965                751,453         25.70

 

* The figures reflect adjustments resulting from retrospective application of a change in accounting policy on income tax.
** Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss, and other operating income.


  2. Preliminary operating results of Kookmin Bank (Consolidated)

 

(Won in millions, %)

   2Q 2015      1Q 2015      %
Change
Increase
(Decrease)
(Q to Q)
    2Q 2014*      %
Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue**

   Specified Quarter      4,093,851         3,840,230         6.60     4,403,545         -7.03
   Cumulative      7,934,081         3,840,230                8,177,552         -2.98

Net operating profit

   Specified Quarter      302,447         347,249         -12.90     343,551         -11.96
   Cumulative      649,696         347,249                665,907         -2.43

Profit before income tax

   Specified Quarter      318,610         554,601         -42.55     369,586         -13.79
   Cumulative      873,211         554,601                709,484         23.08

Profit for the period

   Specified Quarter      253,997         476,192         -46.66     288,469         -11.95
   Cumulative      730,189         476,192                532,410         37.15

Profit attributable to shareholders

of the parent company

   Specified Quarter      253,997         476,192         -46.66     288,469         -11.95
   Cumulative      730,189         476,192                532,410         37.15

 

* The figures reflect adjustments resulting from retrospective application of a change in accounting policy on income tax.
** Represents the sum of interest income, fee and commission income, gain on financial assets/liabilities at fair value through profit or loss, and other operating income.


  3. Preliminary operating results of KB Kookmin Card Co., Ltd. (Consolidated)

 

(Won in millions, %)

   2Q 2015      1Q 2015      % Change
Increase
(Decrease)
(Q to Q)
     2Q 2014      % Change
Increase
(Decrease)

(Y to Y)
 

Operating revenue*

   Specified Quarter      733,347         742,099         -1.18%         687,428         6.68%   
  

Cumulative

     1,475,446         742,099                 1,409,734         4.66%   

Net operating profit

   Specified Quarter      91,380         129,432         -29.40%         123,809         -26.19%   
  

Cumulative

     220,812         129,432                 248,708         -11.22%   

Profit before income tax

   Specified Quarter      91,224         128,919         -29.24%         123,704         -26.26%   
  

Cumulative

     220,143         128,919                 247,893         -11.19%   

Profit for the period

   Specified Quarter      70,711         98,087         -27.91%         94,996         -25.56%   
  

Cumulative

     168,798         98,087                 189,435         -10.89%   
Profit attributable to shareholders of the parent company    Specified Quarter      70,711         98,087         -27.91%         94,996         -25.56%   
  

Cumulative

     168,798         98,087                 189,435         -10.89%   

 

* Represents the sum of interest income, fee and commission income, and other operating income.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

KB Financial Group Inc.
(Registrant)
Date: July 23, 2015 By: /s/ Jong-Hee Yang
(Signature)
Name: Jong-Hee Yang
Title: Deputy President