Seoul: Hanmi Semiconductor Co. on Friday reported a first-quarter net income of 19 billion won (US$12.7 million), marking a decrease of 65.2 percent from the previous year.
According to Yonhap News Agency, the company's operating profit for the January-March period fell sharply to 8.5 billion won, representing an 87.9 percent decline from the same period last year. Additionally, the company's revenue dropped significantly by 65.5 percent, totaling 50.9 billion won.