LIG Defense & Aerospace third-quarter operating profit falls 24.6%, swings to net loss
LIG Defense & Aerospace disclosed preliminary consolidated third-quarter operating profit of 67.6 billion won, down 24.6% from a year earlier and 27.6% below the market estimate compiled by Yonhap Infomax. Revenue rose 2.1% to 1.0713 trillion won, while the company swung to a net loss of 8.2 billion won.