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KRX:047810

6 stories mentioning KRX:047810Updated 7h ago

Every FINWIRES story that references KRX:047810, newest first.

Asia

Nomura Adjusts Korea Aerospace Industries' Price Target to KRW160,000 From KRW170,000, Keeps at Buy

Korea Aerospace Industries (KRX:047810) has an average rating of overweight and mean price target of 188,062.50 won, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

KRX:047810
Asia

Korea Aerospace Q2 Profit Plunges 36%; Revenue Surges

Korea Aerospace Industries (KRX:047810) posted a 36% year-over-year decline in attributable net income to 35.9 billion won in the second quarter from 56.4 billion won.Sales surged 41% to 1.168 trillion won in the June quarter from 828.3 billion won, according to a Korea Exchange filing on Wednesday.

KRX:047810
Asia

Korea Aerospace Industries Says KF-21 Export Deal with Indonesia Not Yet Finalized

Korea Aerospace Industries (KRX:047810) clarified that the first export of KF-21 fighter jets to Indonesia has not been finalized, according to a bourse filing on Thursday.The company, in its response to a recent media report, said that while it continues to have discussions with Indonesia, nothing has been determined.It will disclose further details once specific decisions are made or within six months, the filing read.

KRX:047810
Asia

Nomura Adjusts Korea Aerospace Industries' Price Target to KRW170,000 From KRW190,000, Keeps at Buy

Korea Aerospace Industries (KRX:047810) has an average rating of overweight and mean price target of 209,437.50 won, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

KRX:047810
Asia

Korea Aerospace Industries to Purchase 21 Spare Engines Worth KRW1.088 Trillion

Korea Aerospace Industries (KRX:047810) will invest 1.09 trillion won to purchase 21 spare engines, according to a Thursday filing with the Korea Exchange.The new facility investment, which will be made between March 2026 and April 2039, is equivalent to roughly 9.93% of company equity, the filing said.The facility investment aims to secure equipment ahead of supporting the firm's long-term equipment plans.Shares of the aerospace company rose more than 5% at market close.

KRX:047810
Asia Markets

South Korea's Kospi Hits All-Time High; Samsung Rises 6%

South Korea's benchmark index Kospi closed at an all-time high on Monday, with the rally driven by chip giants Samsung Electronics (KRX:005930) and SK Hynix (KRX:000660), which gained over 6% and nearly 12%, respectively.The Korea Composite Stock Price Index or Kospi increased by 324.24 points, or 4.3%, to end at 7,822.24. The Kosdaq finished little changed in negative territory at 1,207.34.In economic news, South Korea's exports surged 43.7% to $18.4 billion in the first 10 days of May from $12.8 billion a year earlier, Monday data from the Korea Customs Service showed.Imports increased 14.9% to $16.7 billion, resulting in a $1.7 billion trade surplus.In corporate news, shares of Hanwha Ocean (KRX:042660) rose 3% after the company secured a 363.2 billion won order for a liquefied natural gas carrier from a Europe-based shipper.In other news, Hyundai Motor Group and Korea Aerospace Industries (KRX:047810) signed a memorandum of understanding to develop advanced air mobility solutions.Shares of Hyundai (KRX:005380) closed 5% higher, while those of Korea Aerospace edged up 2%.

^KOSDAQKOSPIKRX:000270KRX:000660KRX:005380KRX:005930KRX:042660KRX:047810

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