Hanwha Solutions, operating loss of 353.3 billion in 2025

*This content was translated by AI.

Hanwha Solution recorded 13.3544 trillion won in sales and 353.3 billion won in operating losses on a consolidated basis in 2025.

By business division, the renewable energy sector recorded sales of 6.8594 trillion won and operating loss of 85.2 billion won. Despite a drop in solar module sales due to delays in customs clearance, the company broke record sales and narrowed its deficit thanks to the expansion of its U.S. residential energy business.

The chemical division recorded sales of KRW 4.6241 trillion and operating loss of KRW 249.1 billion. The prolonged oversupply in the global petrochemical market has led to a fall in international trading prices for major products, worsening profitability.

The high-tech materials division recorded sales of KRW 1.1109 trillion and operating profit of KRW 6.2 billion. With the full-fledged operation of a new plant made of solar materials in the U.S., sales exceeded KRW 1 trillion for the second consecutive year, but the cost increase due to the burden of fixed costs was reflected.

An official from Hanwha Solutions, who spoke to this newspaper by phone, said, "We expect the new and renewable energy sector to turn into a surplus as the U.S. module plant is expected to operate normally and sales are expected to increase in the first quarter, and sales prices are also expected to rise."

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*This content was translated by AI.