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Raw materials & energyCapital & Financial Markets 30 Oct 2026

Hansol Paper falls to Q3 operating loss on higher input and freight costs and a stronger won

Hansol Paper reported a third-quarter 2026 consolidated operating loss of USD 10.3m (KRW 13.7bn) on revenue of USD 393.6m (KRW 525.5bn), up 2.5% year on year. It cited higher raw material and freight costs and a stronger won. The loss more than doubled from USD 4.8m (KRW 6.4bn) a year earlier and follows a second-quarter operating profit of USD 34.2m (KRW 45.7bn). Nine-month operating profit still rose 61.2% to USD 36.4m (KRW 48.6bn).

Why this mattersInput, freight and currency pressure turned a profitable second quarter into a loss, showing how thin margins remain for Korean paper producers.

  • Q3 2026 operating loss was USD 10.3m (KRW 13.7bn), against a loss of USD 4.8m (KRW 6.4bn) a year earlier
  • Q2 2026 operating profit was USD 34.2m (KRW 45.7bn); Q3 revenue fell 7.8% quarter on quarter
  • Q3 revenue was USD 393.6m (KRW 525.5bn), up 2.5% year on year
  • Q3 pre-tax loss was USD 16.9m (KRW 22.5bn) and net loss USD 13.0m (KRW 17.4bn), both wider than a year earlier
  • Nine-month operating profit rose 61.2% to USD 36.4m (KRW 48.6bn) on revenue of USD 1,218.8m (KRW 1.6271tn), up 1.3%
  • The company cited higher raw material and freight costs and a lower exchange rate
Hansol Paper
Sources biz.newdaily.co.kr KO
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Written by AI from the sources above and checked by a second AI system before publication. No human wrote or edited this story. How it is made.

Updates

  • 2026-10-31 · Edited before publication: The 9M revenue conversion was wrong: KRW 1.6271tn is USD 1,218.8m, not USD 1,219.0m. Five KRW amounts had no USD conversion. In Korean usage 환율 하락 means a lower won-dollar rate, i.e. a stronger won, so 'weak won' was wrong. Materiality cut to 2: routine quarterly results of a followed Asian paper maker.