Hanon Systems Narrows Q4 Net Loss, Posts Operating Profit; Shares Rise

Hanon Systems (KRX: 002380) narrowed its net loss in Q4 2025 and swung to an operating profit, driving a share price increase on February 3, 2026. The South Korean auto parts supplier reported an operating profit of KRW 17.5 billion, reversing a KRW 19.2 billion operating loss in the same period a year earlier. Net loss for the quarter totaled KRW 12.3 billion, down from KRW 48.7 billion in Q4 2024. Full-year 2025 revenue rose 9.2% year-over-year to KRW 9.8 trillion, with annual operating profit reaching KRW 112.4 billion. The company attributed the turnaround to cost restructuring and stronger demand for electric vehicle thermal management systems.