[DISCLOSURE] Hanwha (000880) reported on May 15 that its operating profit in the first quarter declined 18.92 percent to 523.63 billion won (US$485.38 million) from the same period last year.

Its revenue decreased 13.8 percent on-year to 11.51 trillion won and net profit 13.88 percent to 530.66 billion won.

By Hwang You-mee (glamazon@heraldcorp.com)