Hanwha’s Q2 Earnings Plunge 79.3%, Amounting to 248.6 Billion Won


On Friday, SEOUL-based Hanwha Corp. reported a second-quarter net income of 248.6 billion won, a staggering 79.3% decrease from the same period the year before.

The filing also showed that the company’s operating profit was 298.7 billion won, a significant decrease from the 1.33 trillion won recorded in the same quarter of the previous year. Furthermore, overall revenue dropped 10.5% to 12.14 trillion won.


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