Hanwha Systems Reports Q3 Net Income Rise to 41.2 Billion Won

SEOUL — Hanwha Systems Co. announced a third-quarter net income of 41.2 billion won (US$30.4 million), marking a significant increase of 1495.2 percent compared to the same period a year ago.

According to Yonhap News Agency, the company also reported an operating profit of 37.3 billion won for the quarter, a leap from 541 million won in the corresponding quarter of the previous year. Revenue for the quarter climbed 35.1 percent, reaching 620.8 billion won.

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