Source of Facts: Financial Supervisory Service DART / 2026-02-13
Disclosure Type: Tentative Consolidated Earnings (Fair Disclosure – Amendment)
💡 3-Second Summary
Hanwha Ocean has filed an amended disclosure reflecting adjustments made during its external audit period, revising its previously reported FY2025 Q4 and annual cumulative tentative earnings upward. The annual cumulative consolidated operating profit was revised from KRW 1.1091 trillion to KRW 1.1676 trillion.
📊 1. [Key Disclosure Content & Major Figures Summary]
- Reason for Amendment: Amendment of tentative earnings following adjustments to financial statements during the external audit period.
- Initial Filing Date: February 4, 2026 (Amendment filing date: February 13, 2026)
- Amended Consolidated Earnings for FY2025 Q4 (Current Period) (Unit: KRW 100M):
- Revenue: (Before) 32,278 ➡️ (After) 33,229 (Increase of 9.9% QoQ, increase of 2.1% YoY)
- Operating Profit: (Before) 1,890 ➡️ (After) 2,475 (Decrease of 14.6% QoQ, increase of 46.4% YoY)
- Profit Before Income Tax: (Before) 1,280 ➡️ (After) 2,019 (Decrease of 25.9% QoQ, decrease of 10.3% YoY)
- Net Income: (Before) 5,391 ➡️ (After) 6,123 (Increase of 127.3% QoQ, increase of 5.7% YoY)
- Amended Consolidated Earnings for FY2025 Annual Cumulative (Unit: KRW 100M):
- Revenue: (Before) 126,884 ➡️ (After) 127,835 (Increase of 18.6% YoY)
- Operating Profit: (Before) 11,091 ➡️ (After) 11,676 (Increase of 390.8% YoY)
- Profit Before Income Tax: (Before) 7,685 ➡️ (After) 8,424 (Increase of 365.4% YoY)
- Net Income: (Before) 11,727 ➡️ (After) 12,459 (Increase of 135.9% YoY)
- Information Provision Details:
- Targets: Domestic and foreign institutional investors, media, and general investors (Provided continuously post-disclosure by the Finance Department and IR Team).
- Project Variability Clause: The aforementioned figures are tentative consolidated results prepared under K-IFRS prior to the completion of the external audit and remain subject to subsequent changes during the auditing process.
📈 2. [Expert View: What This Disclosure Means for Investors]
- Upward Adjustment of Performance Metrics During Audit Phase: This filing officially registers the upward revision of the tentative earnings parameters originally reported on February 4, 2026. The updated data formally registers an increase of approximately KRW 95.1 billion in Q4 revenue and KRW 58.5 billion in Q4 operating profit following adjustments made during the ongoing audit period.
- Expansion of Annual Cumulative Profitability Parameters: Following the revision, the fiscal 2025 annual revenue and operating profit parameters have been finalized at KRW 12.7835 trillion and KRW 1.1676 trillion, respectively. Compared to the previous year’s operating profit of KRW 237.9 billion, the YoY growth rate parameter has been revised upward from 366.2% to 390.8% on the record.
- Tentative Nature Pending Final Audit Submission: Because this disclosure serves as a fair disclosure notice to update the market, these revised metrics remain subject to subsequent changes. The final parameters will be confirmed upon the submission of the formal audited financial statements and subsequent general meeting approval.
📝 Editor’s Comment (by K-STOCK Editor)
Hanwha Ocean’s amended regulatory filing regarding its tentative consolidated earnings presents the upward revisions established to update its FY2025 fourth-quarter and annual cumulative financial performance metrics reviewed during the external audit. According to the document, following the adjustment of accounting entries, the company’s fourth-quarter operating profit parameter has been revised to KRW 247.5 billion, resulting in an updated annual consolidated operating profit of KRW 1.1676 trillion.
The critical variables and primary checkpoints for investors to analyze moving forward are the ‘conformance of the upcoming formal audited financial statements with these revised tentative figures’ and the ‘final confirmation of the balance sheet entries.’ While the adjustments show a significant quantitative improvement from the initially reported figures, the filing explicitly notes in Section 4, Clause 2 that these metrics remain subject to subsequent changes before the final audit is formally closed.
Consequently, investors should avoid drawing definitive analytical conclusions regarding permanent profitability expansions or guaranteed bottom-line stability based solely on the upward revision of these tentative metrics during the audit phase. It remains essential to monitor the situation under the explicit conditions stated in the filing, tracking the final verification of the KRW 12.78 trillion revenue framework as the formal audit reports and subsequent shareholder approvals are officially finalized.
📢 Disclaimer & Source Information
Source: This content was newly structured and written based on the official data submitted to the Financial Supervisory Service’s Electronic Disclosure System (DART).
Investment Risk Advisory: This information is provided for informational and linguistic reference purposes only. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific stocks. All investment decisions and financial responsibilities rest entirely with the investor.
Contact: For compliance inquiries or copyright requests, please contact ksb220805@gmail.com.
🔥 Bulls vs Bears, drop your analysis in the comments!
