Seoul: Hanwha Solutions Corp. on Thursday reported a net loss of 1.28 trillion won (US$890.6 million) for the year 2024.

According to Yonhap News Agency, the company disclosed in a regulatory filing that it recorded an operating loss of 300.2 billion won for the year. This marks a significant shift from the previous year's operating profit of 579.2 billion won. Additionally, the company's annual sales experienced a decline of 5.2 percent, totaling 12.39 trillion won.