Hanwha Vision Announces Q3 Results… Operating Profit of 102.572 Billion Won, Up 183.30% Year-on-Year
Hanwha Vision's preliminary consolidated operating profit for the third quarter of this year was tallied at 102.572 billion won. According to a regulatory filing on the 29th, this represents a 183.30% increase year-on-year and a 56.41% rise from the previous quarter. ■ Q3 Results (Consolidated Basi

Hanwha Vision's preliminary consolidated operating profit for the third quarter of this year was tallied at 102.572 billion won. According to a regulatory filing on the 29th, this represents a 183.30% increase year-on-year and a 56.41% rise from the previous quarter.
■ Q3 Results (Consolidated Basis) Revenue for the quarter came to 573.425 billion won, up 35.64% from the same period last year and up 5.74% compared to the previous quarter.
Profit from continuing operations before income tax expenses was 61.735 billion won, swinging to a profit from a loss of 5.465 billion won in the same period last year. However, it fell 39.17% from the previous quarter.
Net income for the period was 53.573 billion won, turning to a profit from a loss of 6.75 billion won a year earlier, though it declined 28.85% from the previous quarter. Net income attributable to owners of the parent company also amounted to 53.572 billion won, swinging from a loss of 5.976 billion won in the same period last year, but down 28.84% from the previous quarter.
■ Cumulative Results (January–September) Cumulative consolidated revenue for the first nine months of this year totaled 1.5570920 trillion won, up 16.92% from the same period last year. Cumulative operating profit rose 31.73% year-on-year to 190.244 billion won.
During the same period, profit from continuing operations before income tax expenses was 130.649 billion won, swinging to a profit from a loss of 28.362 billion won a year earlier. Cumulative net income for the period was tallied at 114.82 billion won, and net income attributable to owners of the parent company at 114.919 billion won, with both figures turning to profits year-on-year.
■ Notes on Preliminary Results Hanwha Vision stated that these results are preliminary operating figures based on consolidated financial statements prepared in accordance with Korean International Financial Reporting Standards (K-IFRS). The company explained that the data was compiled before external auditors completed their accounting audits of the headquarters, subsidiaries, and affiliates, and that some details may be subject to change during the audit process.
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