SEOUL, Korea Aerospace Industries Ltd. on Tuesday reported its first-quarter net income of 35.2 billion won (US$25.5 million), up 18.5 percent from a year earlier. The company said in a regulatory filing that operating profit for the January-March period rose 147.4 percent on-year to 48 billion won. Sales increased 30.1 percent to 739.9 billion won. The earnings exceeded market expectations. The average estimate of net profit by analysts stood at 34.1 billion won, according to a survey by Yonhap Infomax, the financial data firm of Yonhap News Agency. Source: Yonhap News Agency
Home » Korea Aerospace Industries Q1 net profit up 18.5 pct to 35.2 bln won
Korea Aerospace Industries Q1 net profit up 18.5 pct to 35.2 bln won
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