Hanon Systems, 2Q Operating Profit Down 40% YoY

[Asia Economy Reporter Kwon Jaehee] Hanon Systems announced on the 10th that its consolidated operating profit for the second quarter was tentatively estimated at 60.071 billion KRW, a 40.2% decrease compared to the same period last year.

Sales revenue increased by 13.8% during the same period to 2.1067 trillion KRW, but net profit decreased by 85.4% to 14.6 billion KRW.