Hanwha Solutions posted a profit across all divisions for a second consecutive quarter. Hanwha Solutions said it recorded consolidated second-quarter 2026 sales of 4.58 trillion won and operating profit of 306.5 billion won. Sales rose 47.01 percent and operating profit climbed 200.33 percent from a year earlier. The operating margin was 6.7 percent.

Compared with the previous quarter, first-quarter 2026 sales of 3.88 trillion won and operating profit of 92.6 billion won, sales rose 18.05 percent and operating profit increased 231.00 percent. It also showed a clear improvement from second-quarter 2025 sales of 3.12 trillion won and operating profit of 102.0 billion won.

The three main business divisions - renewable energy, chemicals and advanced materials - all maintained profitability for a second straight quarter. Despite growing external uncertainty, timely procurement of raw materials and higher selling prices supported results.

By division, renewable energy accounted for 54 percent of sales, followed by chemicals with 32 percent and advanced materials with 7 percent. Renewable energy also had the largest share of operating profit at 54 percent, followed by chemicals with 28 percent and advanced materials with 9 percent.

The renewable energy division posted sales of 2.48 trillion won and operating profit of 166.4 billion won. The division's operating margin was 6.7 percent. Module selling prices rose. It also sold development assets. Sales and operating profit both increased as the revenue base of the residential energy business was secured in a stable manner.

The chemicals division posted sales of 1.46 trillion won and operating profit of 87.1 billion won. The division's operating margin was 5.9 percent. Geopolitical risks from the Middle East emerged. Even so, it maintained a stable production and sales system by procuring raw materials such as ethylene in a timely manner. Based on this, it continued its profit trend.

The advanced materials division posted sales of 300.3 billion won and operating profit of 28.8 billion won. The division's operating margin was 9.6 percent, the highest among the three divisions. Sales of solar materials in North America continued to perform well. Profitability improved as a result.

On a cumulative first-half basis, it posted sales of 8.46 trillion won and operating profit of 399.1 billion won. Compared with cumulative first-half 2025 sales of 6.21 trillion won and operating profit of 132.3 billion won, sales rose 36.27 percent and operating profit increased 201.51 percent. Net profit was 292.8 billion won, returning to a profit. That was an improvement from a loss of 38.2 billion won in the previous period and a loss of 178.4 billion won a year earlier. It had recorded a loss of 201.6 billion won a year earlier.

Hanwha Solutions CFO Jae-bin Lee (이재빈) said, "Sales in the residential energy business are expected to rise in the third quarter, and renewable energy results are expected to remain at a solid level as the Cartersville plant's full solar value chain begins full-scale operation."