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Hanon Systems Announces Full Year 2024 Financial Results

Hanon Systems reported a consolidated revenue of KRW 2.5498 trillion for the fourth quarter of 2024, a 3.8% increase year-over-year and a 2% increase from the previous quarter.
The company faced a total net loss of KRW 334.4 billion in 2024 due to one-time factors, decreased production volumes, and restructuring costs.
Vice Chairman and CEO Soo Il Lee announced plans to enhance financial structures through cost reduction and operational efficiency to achieve sustainable growth and synergy with Hankook & Company Group.
Hanon Systems aims to achieve sales exceeding KRW 10 trillion in 2025 while improving profitability and cash flow through strategic organizational changes.

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Rutland Herald

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Hanon Systems Announces Full Year 2024 Financial Results

SEOUL, South Korea, Feb. 17, 2025 /PRNewswire/ -- Hanon Systems, a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group, last week reported its full year 2024 financial results.

6 days ago

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pressreach.com

Hanon Systems Announces Full Year 2024 Financial Results - PressReach

SEOUL, South Korea, Feb. 17, 2025 /PRNewswire/ — Hanon Systems, a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group, last week reported its full year 2024 financial results. For the fourth quarter of 2024, Hanon Systems reported consolidated revenue of KRW 2.5498 trillion, marking a 3.8% increase year-over-year and a 2% increase from the previous quarter. However, the fourth quarter operating income…

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presseportal.de

Coway announces financial results for Q4 and financial year 2024

Coway Co., Ltd. [Newsroom]Seoul, South Korea (ots/PRNewswire) - - The sales of Coway in the fourth quarter of 2024 reached 1,125.7 billion KRW (+12.1% year-on-year) and the operating profit amounted to 183.4 billion KRW (+10.4% year-on-year). - The annual sales of Coway Co., Ltd. ... Continue reading here...Original content of: Coway Co., Ltd., news transmitted currently

6 days ago

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