Hansol Paper's operating profit on a consolidation basis in the third quarter of this year swung to a profit from a year earlier. This was due to a base effect after a one-off large expense was recognized in the Environmental Business Division last year, which had depressed operating profit.

Hansol Paper logo. /Courtesy of Hansol Holdings

On the 30th, Hansol Paper disclosed that third-quarter operating profit on a consolidation basis was 2.5 billion won, up 158% from a year earlier. Revenue in the same period was 554.8 billion won, down 0.2% from a year earlier (556.1 billion won). Net loss came to 9 billion won.

However, on a separate basis, the company posted an operating loss of 6.4 billion won, extending losses. Revenue was 512.9 billion won, up 0.9% from 508.1 billion won a year earlier.

A Hansol Paper official said, "In the third quarter of 2025, the global consumer economy contracted under the influence of U.S. tariff policy, putting downward pressure on prices across the paper market," and added, "The fourth quarter is the traditional seasonal peak when paper demand increases, and we also expect selling price increases, so we anticipate improved results."

※ This article has been translated by AI. Share your feedback here.