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[Disclosure] Hanwha Ocean (042660) – Consolidated Financial Results (Provisional) / 2024-04-24

Posted on April 24, 2024August 9, 2026 By K-STOCK Editor

Fact Source: Financial Supervisory Service DART

💡 3-Second Summary

Hanwha Ocean reported provisional Q1 2024 revenue of KRW 2.28T, up 58.6% YoY, and turned profitable with an operating profit of KRW 52.9B compared to both the previous quarter and the same period last year.

📊 [Key Disclosure Contents & Major Figures Summary]

  • Disclosure Type: Consolidated Financial Results (Provisional / Fair Disclosure)
  • Target Period: Q1 2024 (2024-01-01 ~ 2024-03-31)
  • Accounting Standard: K-IFRS Consolidated Financial Statements (Unaudited Provisional Figures)

[Q1 2024 Financial Performance Summary] (Unit: KRW)

  • Revenue:
    • Q1 2024: KRW 2.28T (KRW 2,283,600,000,000)
    • QoQ (vs. Q4 2023): +2.4% (KRW 2.23T)
    • YoY (vs. Q1 2023): +58.6% (KRW 1.44T)
  • Operating Profit:
    • Q1 2024: KRW 52.9B (KRW 52,900,000,000)
    • QoQ: Turned to Profit (from -KRW 48.8B)
    • YoY: Turned to Profit (from -KRW 62.8B)
  • Profit Before Income Taxes:
    • Q1 2024: KRW 53.9B (KRW 53,900,000,000)
    • QoQ: +505.6% (KRW 8.9B)
    • YoY: Turned to Profit (from -KRW 119.9B)
  • Net Profit:
    • Q1 2024: KRW 51.0B (KRW 51,000,000,000)
    • QoQ: -82.2% (KRW 286.0B)
    • YoY: Turned to Profit (from -KRW 120.4B)
  • Net Profit Attributable to Owners of the Parent:
    • Q1 2024: KRW 51.0B (KRW 51,000,000,000)
    • QoQ: -82.2% (KRW 286.0B)
    • YoY: Turned to Profit (from -KRW 120.4B)

[Information Provision & IR Details]

  • Target Audience: Domestic and foreign institutional investors, media, and general investors
  • IR Presentation Material: Detailed presentation available on Hanwha Ocean’s official website (Investor Relations → IR Materials)

📝 Editor’s Comment (Key Follow-up Checkpoint)

📌 Verification of Final Audited Figures and Financial Statements

Because this disclosure presents unaudited provisional results, verifying whether there are any discrepancies between these initial estimates and the final audited figures is important for evaluating actual financial outcomes. Any variance between provisional and finalized figures, as well as detailed segment disclosures, can be checked in subsequent periodic reports (Quarterly Reports) or official audit-related filings.

📢 Disclaimer & Source Information

Source: This content was structured and generated based on official submission data from the Financial Supervisory Service’s Data Analysis, Retrieval and Transfer System (DART).

Investment Risk Warning: This content is provided solely for informational and linguistic reference purposes. Under no circumstances does it constitute financial advice or a recommendation to buy or sell specific securities. All investment decisions and financial liabilities rest entirely with the individual investor.

Inquiries: For compliance or copyright inquiries, please contact ksb220805@gmail.com.

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