Hanwha Solutions Corp. (009830.KS), an operator in chemicals, energy solutions, and advanced materials businesses, reported Tuesday wider loss in its first quarter, while operating income grew significantly with higher sales.
In South Korea, the shares were gaining around 6.2 percent, trading at 53,300.00 won.
In the quarter, net loss attributable to shareholders of parent company was 48.91 billion Korean won, compared to loss of 44.47 billion won last year.
Pre-tax loss from continuing operation, however, narrowed to 42.37 billion won from loss of 68.09 billion won a year ago.
Operating income surged 92.61 billion won from 30.31 billion won last year.
Sales climbed 25.45 percent to 3.88 trillion won from prior year's 3.09 trillion won.
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