LIG Defense & Aerospace disclosed Friday that its third-quarter consolidated operating profit fell 24.6 percent from a year earlier to 67.6 billion won ($50.4 million).

Revenue for the same period rose 2.1 percent to 1.07 trillion won, according to preliminary figures.

The company swung to a net loss of 8.2 billion won in the quarter.


jiyoon436@heraldcorp.com