Hanwha Systems swings to profits in Q2

Hanwha Systems-Q2 earnings

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| 2023-07-27 13:36:22

Hanwha Systems-Q2 earnings

Hanwha Systems swings to profits in Q2

SEOUL, July 27 (Yonhap) -- Hanwha Systems Co. on Thursday reported its second-quarter net profit of 74.7 billion won (US$58.7 million), shifting from a loss of 46.4 billion won a year earlier.

Operating profit for the April-June period was 25.9 billion won, up 57.9 percent from a year ago, the company said in a regulatory filing. Revenue rose 19.6 percent to 610.7 billion won.

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