Hansung Cleantec "Partnering with Global Companies... Improving Business Structure through Domestic and International Diversification in the Second Half"

Hansung Cleantec, a company engaged in semiconductor process water treatment facility infrastructure business, announced on the 19th that it recorded consolidated sales of 119.6 billion KRW and an operating loss of 3.6 billion KRW in the first half of this year.

A representative of Hansung Cleantec explained the operating loss in the first half, stating, “Profitability deteriorated and operating profit significantly decreased due to factors such as delays in major project construction caused by changes in the market environment of the upstream industry, increased input costs and various expenses due to inflation.”

Accordingly, the company plans to improve profitability through key strategies to minimize the impact of industrial volatility and respond agilely, including ▲diversification of sales channels ▲transition to a profit-centered business structure ▲promotion of semiconductor and secondary battery resource recycling new businesses by subsidiaries.

The company representative said, “We plan to gradually reduce low-profitability businesses and focus our capabilities on securing unique and differentiated competitiveness in the industrial water treatment sector even in an unstable external environment by expanding investments in high value-added products and future growth businesses.”

Regarding this, the representative emphasized, “We are currently preparing to enter the global market with a world-leading water treatment specialist company and are discussing basic matters. Through collaboration, we will mutually procure competitive equipment domestically and internationally to secure cost competitiveness and new business areas in the water treatment materials sector, and jointly expand business development in the U.S. and Asia.”

Additionally, the representative explained, “We are recovering order performance that deteriorated due to the impact of the upstream industry in the first half. We are diversifying domestic and overseas businesses by expanding ultrapure water, industrial wastewater treatment, and reuse businesses in semiconductor, petrochemical, bio, and secondary battery industries.”

He added, “Including orders for domestic biopharmaceutical water treatment facilities, it is expected that new orders worth more than 60 billion KRW for domestic and overseas projects currently underway will be possible in the fourth quarter.”

Meanwhile, subsidiaries of Hansung Cleantec showed a favorable increase in performance compared to the previous year. EN Water Solution and E Clean Water are actively promoting secondary battery resource recycling business and developing waste recycling technology. EN Water continues to invest in long-term operation projects to expand maintenance (O&M) business.

This content was produced with the assistance of AI translation services.