Hanwha Vision Remains in Red in Q3 Despite Increased Sales

Seoul: Hanwha Vision Co., a video surveillance company under South Korea's Hanwha Group, on Friday reported its third-quarter net loss of 6.8 billion won (US$4.7 million), remaining in the red compared with a year ago.

According to Yonhap News Agency, the company said in a regulatory filing that operating profit for the July-September period rose 268.2 percent on-year to 31.2 billion won. Sales increased 203 percent to 422.7 billion won.