Hanwha Aerospace's Q1 net profit surges to 209.4 billion won
Published: 30 Apr. 2025, 14:08
![Logo of Hanwha Aerospace [SCREEN CAPTURE]](https://koreajoongangdaily.joins.com/data/photo/2025/04/30/0b11c145-8802-4485-8196-092eff5b6509.jpg)
Logo of Hanwha Aerospace [SCREEN CAPTURE]
Hanwha Aerospace on Wednesday reported its first-quarter net profit of 209.4 billion won ($146.8 million), spiking from about 3 billion won a year earlier.
The company said in a regulatory filing that it posted 560.8 billion won in operating profit for the quarter, compared with 17.7 billion won a year ago. Sales rose 278.5 percent to 5.48 trillion won.
The earnings fell behind market expectations. The average estimate of net profit by analysts stood at 319.2 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency.
Yonhap
with the Korea JoongAng Daily
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