Seoul: Hanwha Aerospace has announced a significant increase in its 2024 net income, reporting a total of 2.54 trillion won (US$1.8 billion), marking a remarkable 160.5 percent rise from the previous year.
According to Yonhap News Agency, the aerospace company also reported an impressive growth in its operating profit, which surged by 190.2 percent to reach 1.72 trillion won. This substantial increase in profitability was accompanied by a 42.5 percent rise in annual sales, totaling 11.24 trillion won. These results were disclosed in the company’s regulatory filing on Monday.