Hanwha Corporation (A000880) Q4 2024 earnings summary

Executive summary

• Report covers full-year 2024 consolidated financials, segment performance, capital structure, and risk management.

• Major business areas: explosives, chemicals, shipbuilding, construction, photovoltaics, finance, leisure/services.

• Significant M&A and restructuring activities, including new subsidiaries and divestitures.

Financial highlights

• Consolidated revenue: KRW 55.6 trillion, up from KRW 53.1 trillion in 2023.

• Operating profit: KRW 2.42 trillion, flat year-over-year.

• Net profit attributable to owners: KRW 773 billion, down from KRW 1.31 trillion.

• Total assets: KRW 252 trillion; total equity: KRW 39.6 trillion.

• EPS: KRW 8,339 (basic), KRW 8,332 (diluted).

Outlook and guidance

• Ongoing focus on business portfolio optimization, digital transformation, and global expansion.

• Continued investment in R&D, green energy, and overseas markets.

• Management expects stable growth in core segments despite macroeconomic uncertainties.