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Top 4 Korean defence firms to post strong Q1 results
short by / on Sunday, 20 April, 2025
South Korea's top four defence firms - KAI, Hanwha Aerospace, Hyundai Rotem, and LIG Nex1 - are projected to post a combined Q1 operating profit of 657 billion won (US$461M), up from 197.1 billion won last year, driven by rising orders, according to a Yonhap Infomax survey of local brokerages.