LIG Defense&Aerospace shares hit 52-week low after weak third-quarter earnings
LIG Defense&Aerospace shares hit a 52-week low of 286,500 won on November 9, down 12.12% during early trading. At 9:45 a.m., shares were down 11.96% at 287,000 won. The company had disclosed third-quarter consolidated operating profit of 67.6 billion won, down 24.6% year on year and 27.6% below the market estimate of 93.4 billion won.