Hanwha Aerospace Full Year 2023 Earnings: EPS: ₩16,103 (vs ₩3,344 in FY 2022)

Hanwha Aerospace (KRX:012450) Full Year 2023 Results

Key Financial Results

• Revenue: ₩9.36t (up 33% from FY 2022).
• Net income: ₩817.5b (up 382% from FY 2022).
• Profit margin: 8.7% (up from 2.4% in FY 2022). The increase in margin was driven by higher revenue.
• EPS: ₩16,103 (up from ₩3,344 in FY 2022).

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hanwha Aerospace Earnings Insights

Looking ahead, revenue is forecast to grow 9.0% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Aerospace & Defense industry in South Korea.

Performance of the South Korean Aerospace & Defense industry.

The company's shares are up 12% from a week ago.

Risk Analysis

You still need to take note of risks, for example - Hanwha Aerospace has 1 warning sign we think you should be aware of.

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