SEOUL– Hanwha Systems Co. on Thursday reported its first-quarter net profit of 10.6 billion won (US$8.3 million), down 55.5 percent from a year earlier.
The company said in a regulatory filing that operating income for the January-March period fell 50.5 percent on-year to 15.2 billion won. Revenue increased 17.2 percent to 429.6 billion won.
Source: Yonhap News Agency