Hanwha Systems Q3 net plunges 97.5% on U.S. shipyard-related losses

Hanwha Systems reported a 97.5% year-on-year drop in Q3 net profit, attributed to losses related to its U.S. shipyard acquisition. The magnitude of the decline signals a significant earnings shock, though the underlying cause is a one-off impairment rather than operational deterioration. This may pressure the stock and raise questions about the strategic value of the U.S. expansion.

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