6 Articles
6 Articles
Korea Aerospace Industries (KAI) has boosted its operating profit by over 30% as it accelerates the transition to mass production of the Korean fighter jet, the KF-21. Performance improvement is also expected as deliveries of the FA-50M light attack aircraft to Malaysia are scheduled to begin in the fourth quarter. On the 3rd, KAI disclosed that it tentatively recorded sales of 1.0643 trillion won and an operating profit of 79.4 billion won for …
(Seoul = Yonhap News) KOSPI-listed Korea Aerospace Industries [047810] reported a consolidated operating profit of 79.4 billion won for the third quarter of this year, up 31.9% from the same period last year...
(LEAD) KAI Q3 net plunges 51.3 pct despite strong sales growth
(ATTN: CHANGES headline; UPDATES throughout with latest details; ADDS photo)By Kim Eun-jungSEOUL, Nov. 3 (Yonhap) -- Korea Aerospace Industries Ltd. (KAI), South Korea's sole aircraft manufacturer, said Tuesday its third-quarter net profit more t
[Digital Daily Reporter Choi Min-ji] Korea Aerospace Industries (KAI) surpassed 1 trillion won in revenue in the third quarter of this year, driven by the transition to mass production of the Korean supersonic fighter jet KF-21 and the expansion of finished aircraft exports. With new orders increasing more than sixfold compared to a year ago, the company continued its export-oriented growth trend. KAI announced on the 3rd that it recorded conso…
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