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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Hanwha Aerospace
Hanwha Aerospace (012450) investor relations material
Hanwha Aerospace Q3 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2026 earnings summary29 Oct, 2026
Executive summary
3Q26 sales were KRW 6,094bn, down 6% YoY; operating profit fell 46% to KRW 452bn, with pretax and net results turning to losses.
Land Systems’ lower deliveries and expanded GTF RSP losses weighed on results; Hanwha Systems and Hanwha Ocean increased YoY sales and operating profit.
Financial highlights
Sales declined 6% YoY and 34% QoQ to KRW 6,094bn; operating profit decreased 46% YoY and 67% QoQ to KRW 452bn.
Pretax loss was KRW 190bn versus KRW 795bn profit in 3Q25; net loss was KRW 37bn versus KRW 699bn profit.
Operating margin was 7.4%, down 5.5 percentage points YoY; net margin was -0.6%, down 11.4 points.
Outlook and guidance
Land Systems expects domestic and export volumes to increase in 2026, while pursuing expanded opportunities and more diversified regional exposure.
Aerospace expects sales and GTF engine deliveries to grow in 2026; RSP operating losses are expected to expand YoY as GTF deliveries increase.
Hanwha Systems expects YoY growth in defense and ICT sales and operating profit; Hanwha Ocean expects YoY growth as project and vessel construction volumes expand.
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Latest events from Hanwha Aerospace
- 2Q26 and H1 2026 saw robust sales and profit growth, led by defense and shipbuilding.012450
Q2 2026 - Q1 2026 sales up 5%, net profit up 188%, with robust order backlog and segment growth.012450Q1 2026
- 2025 saw record sales but lower net profit, with strong global contracts and major investments.012450Q4 2025
- Q3 2025 delivered record sales and profit, led by defense, marine, and global expansion.012450Q3 2025
- Sales and profit soared, driven by Land Systems and marine growth, with strong capital actions.012450Q2 2025
- Q3 2024: Sales and profit soared, major spin-off completed, strong export and order backlog.012450Q3 2024
- Q2 sales and operating profit surged on exports, with strong backlog and a major spin-off ahead.012450Q2 2024
- Q1 2025 revenue and profit surged on defense and shipbuilding; major capital raise underway.012450Q1 2025
- Record revenue and profit growth in 2024, led by defense exports and Hanwha Ocean consolidation.012450Q4 2024
Next Hanwha Aerospace earnings date
Q4 20265 Feb, 2027
Hanwha Aerospace
Next Hanwha Aerospace earnings date
Q4 20265 Feb, 2027
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Frequently asked questions
Hanwha Aerospace is a South Korea-based company specializing in the development and production of aerospace, defense, and precision machinery systems. The company manufactures aircraft engines, engine components, and space propulsion systems, as well as defense products such as guided weapons, radar systems, and artillery equipment. Hanwha Aerospace serves a global customer base, including both commercial and military sectors. The company is headquartered in Changwon, South Korea, and its shares are listed on the Korea Exchange.