Hanwha Engine Q3 Operating Profit 15.3 Billion KRW... 17.9% Decrease from Previous Quarter

Hanwha Engine announced on the 25th that it recorded provisional sales of 296.086 billion KRW and an operating profit of 15.287 billion KRW for the third quarter.

Hanwha Engine Unveiling Ceremony.
[Photo by Hanwha]

Sales increased by 3.4% compared to the previous quarter, while operating profit decreased by 17.9%.

Hanwha Engine was launched in February after Hanwha Group acquired HSD Engine, the world's second-largest ship engine manufacturer.

Compared to the same period last year before Hanwha Group's acquisition, operating profit increased by 1310%, and sales also rose by 57.8%.