PR
Taihan shared its third-quarter financials
On November 14th, Taihan Cable & Solution shared its third-quarter financials, reporting a revenue of 630 billion won and an operating profit of 17.4 billion won. This is an increase of 11% and 531%, respectively, compared to Q3 of 2022.
The cumulative third-quarter revenue reached 2.0883 trillion won, with an operating profit of 59.1 billion won. With a positive trend from the first half of the year, Taihan's cumulative operating profit for the third quarter is more than 22% higher than last year's annual operating profit of 48.2 billion won. Considering the nature of the wire industry, which tends to improve performance towards the second half of the year, it's expected Taihan will continue its good financial performance until the end of the year.
