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Hanwha Q1 Profit Rises, But Sales Decline

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Hanwha Corporation (00088K.KS) on Wednesday reported improved first-quarter profit, despite a decline in revenue.

Net income from continuing operation before income tax rose to 102.898 billion won from 91.105 billion won a year ago.

Operating profit increased to 189.490 billion won from 151.817 billion won last year.

Net income climbed to 107.027 billion won from 85.864 billion won a year earlier.

Sales declined 4.04% to 1.0579 trillion won from 1.1024 trillion won in the same period last year.

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