Hanwha Solutions Corporation Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 14, 2023 at 02:13 am EST
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Hanwha Solutions Corporation reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported sales was KRW 2,895,456.05 million compared to KRW 3,212,994.29 million a year ago. Net income was KRW 5,869.46 million compared to KRW 137,038.2 million a year ago. Basic earnings per share from continuing operations was KRW 34 compared to KRW 686 a year ago. Basic earnings per share was KRW 34 compared to KRW 714 a year ago.
For the nine months, sales was KRW 9,328,003.4 million compared to KRW 9,283,546.57 million a year ago. Net income was KRW 129,248.22 million compared to KRW 476,985.33 million a year ago. Basic earnings per share from continuing operations was KRW 776 compared to KRW 2,433 a year ago. Basic earnings per share was KRW 729 compared to KRW 2,483 a year ago.
Hanwha Solutions Corp, formerly Hanwha Chemical Corp, is a Korea-based company mainly engaged in the manufacture and sale of solar modules and cells. The Company operates its business through five segments. The Solar segment is primarily engaged in the manufacture and sale of solar modules and cells. The Raw Material segment is engaged in the production and supply of low density polyethylene (LDPE), caustic sodas and polyvinyl chlorides (PVC). The Processing segment is engaged in the manufacture and sale of products such as automotive parts, industrial materials, electronic materials, and solar materials. The Distribution segment operates retail businesses of clothing, miscellaneous goods, food and beverages through the operation of department stores. The Other segment is engaged in the development of real estate, the import and sale of petrochemical products, the production and sales of auto components and others.
HANWHA SOLUTIONS CORPORATION 
