Hanwha Life, Q1 Operating Loss of 58.1 Billion Won 'Turned to Deficit'

[Asia Economy Reporter Junho Hwang] Hanwha Life announced on the 29th through a preliminary business performance disclosure that it recorded an operating loss of 58.15 billion KRW in the first quarter of this year, turning to a deficit. During the same period, sales amounted to 40.62322 trillion KRW, a decrease of 7.73% compared to the same period last year. Net profit for the period was 50.873 billion KRW, down 73.80% year-on-year.

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