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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22 Articles
22 Articles
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Coverage Details
Total News Sources22
Leaning Left1Leaning Right4Center4Last UpdatedBias Distribution44% Center, 44% Right
Bias Distribution
- 44% of the sources are Center, 44% of the sources lean Right
44% Right
11%
C 44%
R 44%
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