Hanwha Systems Q3 Operating Profit Falls to 22.5 Billion Won as Philly Shipyard Losses Weigh
Hanwha Systems’ Q3 operating profit plunged 62.7% year-on-year to 22.5 billion won, missing estimates as losses from U.S. subsidiary Philly Shipyard offset strong defense sales.
Hanwha Systems Posts Q3 Operating Profit of 22.5 Billion Won, Misses Estimates
Hanwha Systems Co. reported a 62.7% drop in Q3 operating profit to 22.5 billion won, missing market expectations despite a 26.4% rise in revenue.
Hanwha Systems Q3 Operating Profit Falls 63% to 22.5 Billion Won, Misses Estimates
Hanwha Systems posts a sharp 63% year-on-year drop in Q3 operating profit to 22.5 billion won, falling short of market expectations and signaling sector headwinds.
KOSPI Opens Higher on US Rate Cut—Hanwha Systems, LG Electronics Rally
South Korea’s KOSPI opened higher after the US Fed’s first rate cut of the year, with Hanwha Systems and LG Electronics leading early gains amid strong retail investor activity.
Hanwha Systems Co. reported a 60.4% drop in Q2 operating profit due to initial costs from its US Philly Shipyard acquisition, despite an 11.8% rise in revenue, with results missing market expectations as profitability weakened.
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Hanwha Systems Q2 Operating Profit Drops 60.4%—Impact from US Philly Shipyard Acquisition (Comprehensive)
Hanwha Systems Co. reported a 60.4% drop in Q2 operating profit due to initial costs from its US Philly Shipyard acquisition, despite an 11.8% rise in revenue, with results missing market expectations as profitability weakened.
Hanwha Systems Posts 60.4% Drop in Q2 Operating Profit to KRW 33.5 Billion, Misses Consensus
Hanwha Systems Co. reported a 60.4% year-on-year drop in Q2 operating profit to KRW 33.5 billion, missing market consensus, while revenue rose 11.8%.
Hanwha Systems Co. has announced its first formal dividend policy, guaranteeing at least KRW 350 per share annually for three years, while targeting a 16% CAGR and over 10% ROE by 2030 as part of its corporate value enhancement plan.
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Hanwha Systems Unveils First Dividend Policy—Minimum KRW 350 Per Share for Three Years
Hanwha Systems Co. has announced its first formal dividend policy, guaranteeing at least KRW 350 per share annually for three years, while targeting a 16% CAGR and over 10% ROE by 2030 as part of its corporate value enhancement plan.
Korea's Weight in MSCI Emerging Markets Index Decreases in May - EcoPro Materials and NC Soft Excluded
South Korea's weight in MSCI Emerging Markets Index decreases slightly in May review, with Hanwha Systems and Samyang Foods added while EcoPro Materials and NC Soft excluded.
Hanwha Aerospace Completes Laser Business Transfer to Subsidiary Hanwha Systems
Hanwha Aerospace transfers laser business to subsidiary Hanwha Systems for 11 billion won, consolidating group's laser capabilities to strengthen position in global laser weapon systems market
Hanwha Systems reports 10.5 trillion won order backlog, boosted by U.S. Philly Shipyard inclusion, while eyeing potential orders and expansion amid challenges like steel tariffs and pending Austal acquisition approval.
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Hanwha Systems' Order Backlog Exceeds 10 Trillion Won, Anticipates Orders from U.S. Philly Shipyard
Hanwha Systems reports 10.5 trillion won order backlog, boosted by U.S. Philly Shipyard inclusion, while eyeing potential orders and expansion amid challenges like steel tariffs and pending Austal acquisition approval.
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