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Hanwha Q2 net income down 79.3% to $187.6 mil.

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  • Published KST
  • Updated KST

Headquarters of Hanwha in Seoul / Courtesy of Hanwha Group

Hanwha on Friday reported its second-quarter net profit of 248.4 billion won ($187.6 million), down 79.3 percent from a year earlier.

The company said in a regulatory filing that it posted 298.7 billion won in operating profit for the quarter, compared with 1.33 trillion won a year ago. Revenue fell 10.5 percent to 12.14 trillion won. (Yonhap)