Seoul, Nov. 3 -- Hanwha Aerospace Co. reported a third-quarter operating profit of 856.4 billion won (USD 630 million), up 79.5 per cent from a year earlier, marking its highest-ever third-quarter performance, as per a report by Pulse, the English service of Maeil Business News Korea.

The company stated in a regulatory filing on Monday that revenue reached 6.48 trillion won (approximately USD 4.54 billion), up 146.5 per cent from the previous year, while net profit increased 123.8 per cent to 712.2 billion won (approximately USD 512.78 million). The company attributed the strong results to robust earnings from its defence division and solid performance by its subsidiary Hanwha Ocean.

"By business segment, the defense division posted 2.1...