Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Ocean’s FY2024 consolidated revenue increased 45.5% year-over-year to KRW 10.78T, while operating profit turned to a profit of KRW 237.9B.
📊 [Key Disclosure Details & Financial Highlights]
- Financial Statement Type: Consolidated Financial Statements (K-IFRS)
- Changes in Revenue & Profit/Loss Structure:
- Revenue: KRW 10,776,000,000,000 (approx. KRW 10.78T) / +45.5% (+KRW 3.37T) vs. KRW 7.41T in FY2023
- Operating Profit: KRW 237,900,000,000 (approx. KRW 237.9B) / Turned to profit (+KRW 434.4B) vs. -KRW 196.5B in FY2023
- Income Before Income Taxes: KRW 177,900,000,000 (approx. KRW 177.9B) / Turned to profit (+KRW 294.2B) vs. -KRW 116.3B in FY2023
- Net Income: KRW 525,100,000,000 (approx. KRW 525.1B) / +228.2% (+KRW 365.1B) vs. KRW 160.0B in FY2023
- Financial Position (Consolidated):
- Total Assets: KRW 17.83T (FY2023: KRW 13.94T)
- Total Liabilities: KRW 12.98T (FY2023: KRW 9.63T)
- Total Equity: KRW 4.85T (FY2023: KRW 4.31T)
- Capital Stock: KRW 1.54T (FY2023: KRW 1.54T)
- Total Equity to Capital Stock Ratio: 315.6% (FY2023: 280.6%)
- Primary Reasons for Changes:
- Revenue growth and operating margin improvement driven by an increased proportion of LNGC revenue and general productivity enhancements
- Increase in net income due to the recognition of deferred tax assets
- Other Key Notes:
- Figures are provisional results compiled prior to the completion of the external audit and are subject to potential adjustments during the audit process
- The board resolution date (January 24, 2025) corresponds to the submission date of the pre-audit consolidated financial statements to the Securities and Futures Commission
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of External Audit Results and Final Financial Statements
This disclosure presents preliminary performance results prepared before the completion of the external accounting audit. Checking whether any differences exist between these preliminary figures and the final confirmed numbers upon completion of the external audit is essential for determining the finalized accuracy of the financial metrics. The final numbers can be verified under the ‘Submission of Audit Report’ disclosure and the financial statements section of the upcoming Annual Report.
📢 Disclaimer & Fact Source
Source: This content was structured and newly written based on officially submitted data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).
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