Hanwha Solutions Corp. on Thursday reported its second-quarter net loss of 329.8 billion won (US$237.9 million), swinging from a profit of 23 billion won a year earlier. The company said in a regulatory filing that it posted an operating loss of 107.8 billion won for the April-June period, compared with a profit of 182.2 billion won a year ago. Sales fell 20.4 percent to 2.67 trillion won. The loss was 140 percent higher than the average estimate, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. Source: Yonhap News Agency
Recent POSTS
Swimmer Eager for Return to Familiar Tokyo Arena for Asian Games
August 25, 2026
Young South Korean Swimmers Aim for Asian Games Success
August 25, 2026
South Korea’s Esports Team Sets Sights on Gold at Asian Games
August 25, 2026
Kia and Labor Union Tentatively Reach Wage Agreement
August 25, 2026