StocksMedium•5 November 2026•
1 min read
Hanwha Earnings Boosted by KRW 1.08 Trillion Spin-off Gain
Key Facts
1Hanwha reported a KRW 1,083bn gain from a spin-off, which provided a significant boost to its earnings results.
2Third-quarter separate revenue and operating profit declined year-on-year, though year-to-date operating profit rose by 2%.
Hanwha reported a KRW 1,083 billion gain from a spin-off, which provided a significant boost to its third-quarter 2026 earnings results. TradingView reported that this one-time gain supported the company's net income and earnings before taxes, despite a slowdown in underlying business performance compared to the previous year.
Third-quarter separate revenue and operating profit declined year-on-year, though year-to-date operating profit rose by 2%. Looking ahead, the company's engineering and construction (E&C) outlook targets a total of KRW 4.3 trillion in order intake for the full year 2026.