TeleGeography Logo

Hanaro posts USD32.6 million loss for Q2

17 Aug 2005

Hanaro Telecom has posted a net loss for the second quarter of 2005 of KRW33.1 billion (USD32.6 million), compared with a profit of KRW15.2 billion (USD15.2 million) a year earlier. The company posted an operating loss of KRW3.4 billion for the quarter, down from a JPY40.6 billion (USD40 million) profit a year ago, while sales fell by 2.6% to KRW353 million. Hanaro attributed the results to higher marketing spending and stiff competition in the market.

South Korea, SK Broadband

GlobalComms Database

Want more? Peruse the GlobalComms Database—the most complete source of intel about mobile, fixed broadband, and fixed voice markets.


TeleGeography is the definitive source for telecom news, numbers, and analysis. Explore the full research catalog.