Hanwha Solutions turns to red in 2023

Hanwha Solutions Corp. on Thursday reported its 2023 net loss of 155.3 billion won (US$116.7 million), swinging from a profit of 366 billion won a year earlier. Operating profit for the year was 604.5 billion won, down 34.6 percent from the previous year, the company said in a regulatory filing. Annual sales rose 1.2 percent to 13.28 trillion won. Source: Yonhap News Agency