Hanwha reported a net income of $76.8 million in its most recent financial quarter, compared to a net loss of $14.2 million in the second quarter of 2015.
Revenues also improved, with the Asian player almost doubling its results. Net revenues were reported at $638 million, compared to $338 million last year.
"We continue to improve our financial positions and cash management to support our growing business rationally," says chief executive Seong-woo Nam.
