Korea Aerospace Industries Reports Operating Profit of 240.7 Billion KRW Last Year, Down 2.8% YoY

Korea Aerospace Industries announced on the 7th that its consolidated operating profit for last year was tentatively estimated at 240.7 billion KRW, a 2.8% decrease compared to the previous year.

Sales amounted to 3.6337 trillion KRW, down 4.9% from the previous year. Net profit was 170.9 billion KRW, a decrease of 22.8%.

Operating profit for the fourth quarter was 42.1 billion KRW, down 72.7% compared to the same period last year.