Hanwha Systems-2022 earnings

Hanwha Systems shifts to loss in 2022

SEOUL, Feb. 23 (Yonhap) -- Hanwha Systems Co. on Thursday reported its 2022 net loss of 80.8 billion won (US$62 million), turning from a profit of 97.9 billion won a year earlier.

The company said in a regulatory filing that operating income for the year fell 78.6 percent on-year to 24 billion won. Annual sales increased 4.7 percent to 2.18 trillion won.

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