Industrial Bank of Korea (024110.KS) Revenue Growth

Price: $15650
Market Cap: $12.48T
Avg Volume: 1.00M
Country: KR
Industry: Banks - Regional
Sector: Financial Services
Beta: 0.438
52W Range: $12510-15870
Website: Industrial Bank of Korea

What is Industrial Bank of Korea's Revenue Growth?

  • Industrial Bank of Korea's annual revenue growth as of FY 2023 is -3.58%.
  • Industrial Bank of Korea's quarterly revenue growth as of Q3 2024 is 25.70%.

What is Revenue Growth?

Revenue growth is the increase in a company's sales over a specific period. It's a crucial metric for evaluating a company's financial health and its ability to expand its market presence and generate higher sales.

Related Metrics

Other important metrics to assess Industrial Bank of Korea's financial performance include:

  • Revenue - the total revenue generated by a company:
    • Annual: $8.86T
    • Quarterly: $6.47T
  • Cost of Revenue - the total cost of producing the goods or services sold by a company:
    • Annual: $-22.19T
    • Quarterly: $0
  • Cost of Revenue Growth - the rate at which a company's cost of revenue is growing:
    • Annual Growth: 0.00%
    • Quarterly Growth: 100.00%
  • Gross Profit - the difference between revenue and the cost of revenue:
    • Annual: $31.05T
    • Quarterly: $6.47T
  • Gross Profit Growth - the rate at which a company's gross profit is growing:
    • Annual Growth: 237.95%
    • Quarterly Growth: -23.04%

These metrics provide insights into Industrial Bank of Korea's financial health and its ability to generate revenue efficiently. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.

Annual Revenue Growth

-3.58%

Quarterly Revenue Growth

25.70%

Historical Annual Revenue Growth
29.23%29.23%22.67%22.67%16.11%16.11%9.54%9.54%2.98%2.98%-3.58%-3.58%Revenue Growth (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue Growth
200.00%200.00%100.00%100.00%0.00%0.00%-100.00%-100.00%Revenue Growth (Quarterly)Jul '22Jul '2220232023Jul '23Jul '2320242024Jul '24Jul '24
Historical Annual Revenue
$10.00T$10.00T$8.00T$8.00T$6.00T$6.00T$4.00T$4.00T$2.00T$2.00T$0.00$0.00Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Revenue
$10.00T$10.00T$8.00T$8.00T$6.00T$6.00T$4.00T$4.00T$2.00T$2.00T$0.00$0.00Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Cost of Revenue
$0.00$0.00-$6.00T-$6.00T-$12.00T-$12.00T-$18.00T-$18.00T-$24.00T-$24.00TCost of Revenue (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Cost of Revenue
$0.00$0.00-$3.00T-$3.00T-$6.00T-$6.00T-$9.00T-$9.00T-$12.00T-$12.00T-$15.00T-$15.00TCost of Revenue (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024
Historical Annual Gross Profit
$32.00T$32.00T$24.00T$24.00T$16.00T$16.00T$8.00T$8.00T$0.00$0.00Gross Profit (Annual)20152015201620162017201720182018201920192020202020212021202220222023202320242024
Historical Quarterly Gross Profit
$20.00T$20.00T$16.00T$16.00T$12.00T$12.00T$8.00T$8.00T$4.00T$4.00T$0.00$0.00Gross Profit (Quarterly)201620162017201720182018201920192020202020212021202220222023202320242024

Industrial Bank of Korea Historical Revenue Growth Metrics

The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.

Year Revenue Revenue Growth Cost of Revenue Cost of Revenue Growth Gross Profit Gross Profit Growth
2023 $8.86T -3.58% $-22.19T 0.00% $31.05T 237.95%
2022 $9.19T 16.08% $- 0.00% $9.19T 16.08%
2021 $7.92T 9.23% $- 0.00% $7.92T 9.23%
2020 $7.25T 1.62% $- 0.00% $7.25T 1.62%
2019 $7.13T 29.23% $- 0.00% $7.13T 29.23%
2018 $5.52T 12.68% $- 0.00% $5.52T 12.68%
2017 $4.90T 10.47% $- 0.00% $4.90T 10.47%
2016 $4.43T 3.35% $- 0.00% $4.43T 3.35%
2015 $4.29T 5.97% $- 0.00% $4.29T 5.97%
2014 $4.05T 6.93% $- 0.00% $4.05T 6.93%

Related Metrics

Explore detailed financial metrics and analysis for 024110.KS.