LIG Defense&Aerospace (079550) Q2 2025 earnings summary

Executive summary

• Sales for FY25 2Q reached KRW 945.4 billion, up 56.3% year-over-year, driven by mass production programs and increased overseas contributions.

• Operating income rose 57.9% year-over-year to KRW 77.6 billion, with net income up 120.3% to KRW 100.6 billion.

• Order backlog at the end of FY25 2Q stood at KRW 23.47 trillion, with KRW 1.5 trillion in new orders secured during the quarter.

Financial highlights

• Cumulative sales for FY25 reached KRW 1,853.0 billion, a 35.4% increase year-over-year.

• Cumulative operating income rose 64.6% to KRW 191.2 billion, and cumulative net income increased 72.7% to KRW 183.4 billion.

• Net income attributable to shareholders for 2Q was KRW 105.2 billion, up 130.4% year-over-year.

Outlook and guidance

• Sales growth expected to continue, supported by mass production and overseas contracts, particularly in the UAE.