Hanwha Vision Swings to Q3 Profit on Strong Sales; Shares Jump 18%

Hanwha Vision Co., Ltd. (489790.KS) reported a third-quarter net profit attributable to shareholders of KRW 53.57 billion, reversing a KRW 5.98 billion loss a year earlier, sending its shares up 18.66% to KRW 47,700 on the Korean Stock Exchange Wednesday. Operating income surged to KRW 102.57 billion from KRW 36.21 billion in the prior year. Sales rose to KRW 573.43 billion from KRW 422.74 billion a year earlier, the South Korean video surveillance and physical security company said.