US EditionHanon 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.
23 Articles
23 Articles
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
Rutland Herald
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.
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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