Hanwha Systems Reports Operating Profit of 112.1 Billion KRW in 2021, Up 20% YoY
[Asia Economy Reporter Kwon Jae-hee] Hanwha Systems announced on the 22nd that its operating profit based on consolidated financial statements for last year was tentatively estimated at 112.05 billion KRW, an increase of 20.66% compared to the same period last year.
During the same period, sales amounted to 2.0895 trillion KRW, up 27.19% from the same period last year. Net profit increased by 4.59% to 97.878 billion KRW.
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Operating profit for the fourth quarter of last year was 7.3 billion KRW, down 61.38% from the same period last year. Sales and net profit for the same period were recorded at 679.5 billion KRW and 20.9 billion KRW, respectively. Sales increased by 3.28% during the same period, while net profit decreased by 47.39%.
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