Hanwha Systems Q1 net income up 1645.2% to $138.4 mil.

Hanwha Systems on Tuesday reported its first-quarter net income of 184.9 billion won ($138.4 million), up 1645.2 percent from a year earlier.

The company said in a regulatory filing that operating income for the January-March period fell 44.7 percent on-year to 8.4 billion won. Revenue increased 2.3 percent to 439.5 billion won. (Yonhap)