Hanwha Ocean Reports 98% Surge in Operating Profit on July 27, Beats Market Expectations

According to Yonhap Infomax, Hanwha Ocean reported on July 27 that its second-quarter operating profit surged 98% year-over-year to 734.1 billion won, while revenue climbed 65.2% to 5.44 trillion won. Both figures significantly exceeded analyst consensus estimates.

Net profit more than quadrupled, rising 366.4% to 692.6 billion won.

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