Fact Source: Financial Supervisory Service DART
💡 3-Second Summary
Hanwha Systems filed a correction regarding changes in its FY2023 revenue and profit/loss structure due to post-filing financial statement adjustments. Consolidated revenue reached approximately KRW 2.453T (+12.1% YoY), operating profit rose to KRW 92.9B (+137.6% YoY), and net profit turned around to KRW 343.1B.
📊 [Key Disclosure Details & Financial Metrics]
- Disclosure Type: Change in Revenue or Profit/Loss Structure Exceeding 30% (15% for Large Corporations) (Correction Report)
- Date of Original Disclosure: February 07, 2024
- Reason for Correction: Revisions to financial statements following the previous disclosure date
- Key Corrected Items (Consolidated / Unit: KRW Thousand):
- Revenue: (Before) 2,453,034,239 ➔ (After) 2,453,079,542 (+12.1% YoY)
- Operating Profit: (Before) 92,825,418 ➔ (After) 92,870,721 (+137.6% YoY)
- Continuing Operations Profit Before Tax: (Before) 413,447,579 ➔ (After) 413,446,014 (Turned into profit)
- Net Profit: (Before) 325,624,149 ➔ (After) 343,083,289 (Turned into profit)
- Total Assets: (Before) 4,465,705,040 ➔ (After) 4,483,210,825
- Total Liabilities: (Before) 2,329,084,304 ➔ (After) 2,329,084,661
- Total Equity: (Before) 2,136,620,736 ➔ (After) 2,154,126,164 (Excluding non-controlling interests: 2,139,817,928)
- Key Drivers of Profit/Loss Structure Changes:
- Revenue: Increase in revenue driven by growth in cumulative order intake
- Operating Profit / Net Profit: Improved operating margin led by revenue growth and gain on valuation of investees
- Board Resolution Date: February 23, 2024 (3 Outside Directors attended)
- Other Key Matters: Figures are based on unaudited internal settlement data and are subject to change based on the external audit results and approval at the Annual General Meeting of Shareholders.
📝 Editor’s Comment (Key Follow-up Checkpoint)
📌 Verification of Finalized Figures Post External Audit and Shareholder Meeting Approval
This correction disclosure reflects updated revenue and profit/loss figures resulting from internal financial statement revisions during the closing process. As noted in the filing, verifying whether further adjustments occur upon completion of the external audit and during shareholder approval at the Annual General Meeting is important for confirming the final financial results. Relevant finalized metrics can be verified through future disclosures including the Audit Report Submission, Results of the Annual General Meeting of Shareholders, and the forthcoming Annual Report on DART.
📢 Disclaimer & Source Notice
Source: This content was newly structured and generated based on official submission data from the Financial Supervisory Service’s DART system.
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 stocks. All investment decisions and financial liabilities rest entirely with the investor.
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