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Hanon Systems shifts to red in Q2


Hanon Systems on Thursday reported its second-quarter net loss of 31.2 billion won (US$22.7 million), swinging from a profit of 110.6 billion won a year earlier.

Operating income for the April-June period was 71.6 billion won, down 50.1 percent from a year ago, the company said in a regulatory filing. Sales rose 5.4 percent to 2.55 trillion won.

Source : Yonhap News Agency