Hanwha Aerospace Reports Third Quarter Net Loss

Hanwha Aerospace reported a third-quarter net loss attributable to shareholders of KRW 137.1 billion, compared with net income of KRW 462.7 billion a year earlier. Operating income fell to KRW 452 billion from KRW 839.6 billion, while sales declined to KRW 6.09 trillion from KRW 6.48 trillion. The results show lower revenue and profitability year over year.