Hanwha Systems Q1 net income up 1645.2 pct to 184.9 bln won

Hanwha Systems-Q1 earnings

Hanwha Systems-Q1 earnings

Hanwha Systems Q1 net income up 1645.2 pct to 184.9 bln won

SEOUL, April 25 (Yonhap) -- Hanwha Systems Co. on Tuesday reported its first-quarter net income of 184.9 billion won (US$138.7 million), up 1645.2 percent from a year earlier.

The company said in a regulatory filing that operating income for the January-March period fell 44.7 percent on-year to 8.4 billion won. Revenue increased 2.3 percent to 439.5 billion won.

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