Sales at ship engine corporations Hanwha Engine fell in the second quarter this year from a year earlier.
Hanwha Engine said on the 31st that second-quarter sales were 362.2 billion won, down 6.6% from the second quarter last year.
Operating profit in the second quarter was 37.911 billion won, up 12.2% from the second quarter last year. Net profit for the period was tallied at 33.2 billion won, up 54.0%.
This quarter's results came in below the securities consensus (average estimate). According to FnGuide, Hanwha Engine's second-quarter sales were expected to be 387 billion won, with operating profit of 60 billion won.
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