Search
Close this search box.
Search
Close this search box.

Hanwha Ocean turns to black in 2023

SEOUL, Hanwha Ocean Co. on Wednesday reported its 2023 net income of 160 billion won (US$119.8 million), shifting from a loss of 1.74 trillion won a year earlier.

The company said in a regulatory filing that it continued to post an operating loss of 196.5 billion won for the year, compared with a loss of 1.61 trillion won a year earlier. Revenue rose 52.4 percent to 7.4 trillion won.

Source: Yonhap News Agency