Hanwha Posts 151.8 Billion Won in Q1 Operating Profit, Down 17% YoY

On May 7, Hanwha announced that its operating profit for the first quarter was 151.8 billion won, representing a 17.34% decrease compared to the same period last year. During the same period, revenue was provisionally recorded at 1.1025 trillion won, down 33.28%, while net profit for the period decreased by 32.90% to 85.9 billion won.