trending Market Intelligence /marketintelligence/en/news-insights/trending/j-IzO3h1kzceJTBtdVFQ_g2 content esgSubNav
Log in to other products

 /


Looking for more?

Contact Us
In This List

Hansung Enterprise swings to profit in Q3

Blog

COVID-19 Impact & Recovery: LCD Outlook for H2 2021

Blog

COVID 19 Impact Recovery Media Telecom and Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Technology Outlook for H2 2021

Blog

COVID-19 Impact & Recovery: Healthcare Outlook for H2 2021


Hansung Enterprise swings to profit in Q3

Hansung Enterprise Co. Ltd. said its normalized net income for the third quarter came to 41.17 South Korean won per share, compared with a loss of 289.14 won per share in the prior-year period.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 209.5 million won, compared with a loss of 1.47 billion won in the year-earlier period.

The normalized profit margin rose to 0.2% from negative 2.0% in the year-earlier period.

Total revenue rose 15.5% on an annual basis to 84.72 billion won from 73.32 billion won, and total operating expenses increased 11.8% year over year to 83.20 billion won from 74.42 billion won.

Reported net income totaled 226.0 million won, or 44.42 won per share, compared to a loss of 1.96 billion won, or a loss of 385.00 won per share, in the year-earlier period.

As of Nov. 16, US$1 was equivalent to 1,172.80 South Korean won.