South Korea’s largest protection agency Hanwha Aerospace slumps 6% as income, pre-tax revenue miss estimates – Imperial Wire

Shares of South Korea’s largest protection agency Hanwha Aerospace plunged greater than 6% Tuesday, after the corporate reported worse than anticipated numbers for its fourth quarter income and pre-tax revenue on Monday.

Income within the fourth quarter rose 72.56% 12 months on 12 months to eight.33 trillion South Korean received, however missed LSEG estimates of 8.64 trillion received.

Pre-tax revenue plunged 72% to 602 billion received, a large miss in comparison with expectations of 1.2 trillion received, whereas the corporate’s working revenue dipped 16% to 753 billion received.

Web revenue was a brilliant spot, coming in above expectations regardless of a 54% decline at 934 billion received. LSEG estimates had pegged web revenue at 717.20 billion received.

Annual income skyrocketed 137% 12 months on 12 months to hit 26.61 trillion South Korean received, however marginally missed estimates of 27.01 trillion received.

Pre-tax revenue fell barely to 2.15 trillion received, down 19% from the identical interval a 12 months in the past and lacking expectations of two.73 trillion.

Hanwha had logged its fourth consecutive 12 months of document working earnings, whereas web revenue numbers beat expectations.

Working revenue rose 75% 12 months on 12 months to three.03 trillion received, whereas web revenue declined 16% 12 months on 12 months to 2.14 trillion received, beating expectations of 1.65 trillion received.

On an year-to-date foundation, Hanwha shares have climbed 18.92%, following a blistering rally in 2025 which noticed shares climb 193%, on high of a 154% leap in 2024.

Hanwha is the eleventh largest inventory on the Kospi, with a market cap of about $42.03 billion.

The corporate has seen demand for its protection platforms develop after the Russia-Ukraine Struggle, with orders from a number of European nations.

Since 2022, Hanwha has offered its K9 Thunder self propelled howitzer to Poland, Estonia, Romania and Norway, in addition to its Chunmoo a number of launch rocket techniques.