Hanwha Systems turns to profits in Q4

Hanwha Systems Co. on Friday reported its fourth-quarter net income of 42.2 billion won (US$31.8 million), shifting from a loss of 47.5 billion won a year earlier. Operating income for the October-December period was 11 billion, compared with a loss of 1.1 billion won a year ago, the company said in a regulatory filing. Sales fell 0.8 percent to 782.1 billion won. (END)