Hanwha Corporation operates within the Life insurance sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Hanwha with three other
insurance companies in Asia:
China Pacific Insurance (Group) Company Limited
sales of 356.25 billion Chinese Renmimbi [US$50.22 billion]
of which 69%
was Life Insurance),
China Taiping Insurance Holdings Company Limited
of Hong Kong
(214.85 billion Hong Kong Dollars [US$27.39 billion]
of which 77%
was Life Insurance), and
AIA Group Limited
based in Hong Kong
(251.87 billion Hong Kong Dollars [US$32.11 billion]
of which 48%
was Hong Kong).
During the year ended December of 2018, sales at
Hanwha were 48.74 trillion Korean Won (US$41.09 billion).
decrease of 3.3%
versus 2017, when the company's sales were 50.40 trillion Korean Won.
Contributing to the drop in overall sales was the 8.7% decline
in Finance Business, from 27.92 trillion Korean Won to 25.50 trillion Korean Won.
There were also decreases in sales in
Construction (down 0.4% to 3.85 trillion Korean Won)
Solar Business (down 1.6% to 3.38 trillion Korean Won)
However, these declines were partially offset by the increase in sales of
Industrial Explosives (up 10.0% to 7.53 trillion Korean Won)
Chemical Manufacturing (up 7.4% to 5.89 trillion Korean Won)
Retailing Trade (up 5.3% to 4.91 trillion Korean Won)
Leisure/hospitality (up 10.3% to 1.63 trillion Korean Won)
Others (up 3.1% to 1.17 trillion Korean Won)