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KRX:012450

24 stories mentioning KRX:012450Updated 3d ago

Every FINWIRES story that references KRX:012450, newest first.

Asia

Hanwha Aerospace's Net Attributable Income Jumps 338% in Q1

Hanwha Aerospace (KRX:012450) posted first-quarter net income attributable to shareholders of 260.4 billion won, up 338% from 59.5 billion won a year earlier, according to a Thursday filing with the Korea Exchange.The South Korean aerospace firm's sales rose 4.9% year over year to 5.751 trillion won from 5.484 trillion won.

KRX:012450
Asia

MNC Solution Wins KRW26.5 Billion Contract from Hanwha Aerospace

MNC Solution (KRX:484870) secured a contract to revise and take on a new share of work for supplying F100 engine kit components for Egypt from Hanwha Aerospace (KRX:012450), the South Korean industrial company said in a Thursday filing with the Korea Exchange.The contract, valued at 26.5 billion won, is valid till Aug. 28.Shares of MNC Solution fell nearly 4% in recent trade.

KRX:012450KRX:484870
Asia

Hanwha Aerospace Abandons Plan to Take Over Poongsan's Ammunition Business

Hanwha Aerospace (KRX:012450) suspended the review of acquiring the defense unit of Poongsan (KRX:103140), according to a Thursday filing with the Korea Exchange.Shares of Hanwha Aerospace rose nearly 4% at market close while those of Poongsan declined over 3%.The South Korean defense company did not specify the reason for the decision.

KRX:012450KRX:103140
Asia

Hanwha Aerospace Wins KRW948.2 Billion Follow-On K9 Howitzer Contract from Finland's Defence Ministry

Hanwha Aerospace (KRX:012450) secured a follow-up contract worth 546 million euros, or 948.2 billion won, from the Finnish Ministry of Defence to supply K9 Self-Propelled Howitzers (SPH), the defense products manufacturer said in a Friday release.Finland first ordered 48 K9 units in 2017 and has since then placed several orders for the same. With the latest deal, Finland became the third NATO member, after Türkiye and Poland, to operate more than 200 units of K9, it said.The contract comprises 112 K9 systems and spare parts, with deliveries to the Finnish Army scheduled to commence from 2028, the release said.Shares of Hanwha Aerospace rose nearly 4% at market close.

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