Hanwha Systems-Q2 earnings

Hanwha Systems swings to red in Q2

SEOUL, July 28 (Yonhap) -- Hanwha Systems Co. on Thursday reported its second-quarter net loss of 46.4 billion won (US$35.6 million), swinging from a profit of 22 billion won a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 47.8 percent on-year to 16.4 billion won. Revenue increased 5.1 percent to 510.5 billion won.

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