Hanon Systems Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 14, 2023 at 02:17 am EDT
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Hanon Systems reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported sales was KRW 17,463.81 million compared to KRW 9,465.95 million a year ago. Net income was KRW 107,221.46 million compared to KRW 13,961.47 million a year ago. Basic earnings per share from continuing operations was KRW 201 compared to KRW 26 a year ago. Diluted earnings per share from continuing operations was KRW 201 compared to KRW 26 a year ago. Basic earnings per share was KRW 201 compared to KRW 26 a year ago.
For the six months, sales was KRW 25,160.79 million compared to KRW 17,703.26 million a year ago. Net income was KRW 151,106.73 million compared to KRW 33,672.8 million a year ago. Basic earnings per share from continuing operations was KRW 283 compared to KRW 63 a year ago. Diluted earnings per share from continuing operations was KRW 283 compared to KRW 63 a year ago. Basic earnings per share was KRW 283 compared to KRW 63 a year ago.
Hanon Systems, formerly Halla Visteon Climate Control Corp, is a Korea-based company mainly engaged in the manufacturing and sale of automotive thermal management systems and automotive parts. The Company is principally involved in the production and sale of heating ventilation air conditioning (HVAC) systems, power train cooling (PTC) systems, compressors, fluid transport (FT) systems, battery heat management systems, heat pump systems, high voltage cooling fan motors, radiators, condensers and others used in automobiles. The Company distributes its products within the domestic market and to overseas markets, including China, America and Europe.
HANON SYSTEMS 
