Korea Aerospace Industries-Q2 earnings

Korea Aerospace Industries Q2 net profit down 6.7 pct. to 50.2 bln won

SEOUL, Aug. 8 (Yonhap) -- Korea Aerospace Industries Ltd. on Monday reported its second-quarter net income of 50.2 billion won (US$38.4 million), down 6.7 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period fell 42.7 percent on-year to 34.4 billion won. Sales decreased 5.6 percent to 668.5 billion won.

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