LIG Nex1 : Changesof 30% or More in Salesor Profits/Losses(15% or More in the Case of Large-sized Corporations)
February 10, 2022 at 07:58 pm EST
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Changes of 30% or More in Sales or Profits/Losses (15% or More in the Case of Large-sized Corporations)
※ Note that this disclosure is stated by the concerned company, thus the details may be changed according to audit results. Refer to the disclosure "Submission of Audit Report" for finalized details.
1. Type of financial statements
Consolidated financial statements
2. Details of changes (KRW thou.)
Current fiscal year
Previous fiscal year
Amount increased/ decreased
Increase/ decrease rate (%)
- Sales (limited to amount of revenue according to sales of goods and services provided)
1,822,194,315
1,600,344,315
221,850,000
13.9
- Operating income
97,201,007
63,741,639
33,459,368
52.5
- Net income from continuing operation before income tax
129,125,072
38,886,052
90,239,020
232.1
- Net income
105,055,806
57,881,698
47,174,108
81.5
- Classified as a large-sized corporation?
Yes
3. Financial status (KRW thou.)
Current fiscal year
Previous fiscal year
- Total assets
2,551,948,694
2,595,606,499
- Total liabilities
1,788,644,309
1,923,097,847
- Total shareholders' equity
763,304,385
672,508,652
- Capital stock
110,000,000
110,000,000
- Total shareholders' equity/capital stock ratio (%)
693.9
611.4
4. Main causes for changes in sales or profits/losses amount
Increase in Sales and improvement in profitability
5. Date of board resolution (decision date)
2022-02-10
- Attendance of outside directors
Present (No.)
4
Absent (No.)
-
- Attendance of auditors (members of Audit Committee who are not outside directors)
-
6. Other matters to be factored into investment decisions
1.The financial results is based on consolidated earning report accordance with K-IFRS as adopted by the Korean Accounting Standards Board.
2.The contents above are subject to change upon audit results of independent auditors and in the approval process of annual shareholder's meeting.
※ Related disclosure
-
[Matters Related to Parent Company]
Category
Financial statements
Current fiscal year
Previous fiscal year
Total shareholders' equity (excluding non-controlling shareholders' equity)
Consolidated financial statements
763,304,385
672,508,652
Total shareholders' equity/capital stock ratio(%) (excluding non-controlling shareholders' equity)
Consolidated financial statements
693.9
611.4
Sales amount (limited to amount of revenue according to sales of goods and services provided) (KRW thou.)
Non-consolidated financial statements
1,820,020,013
1,599,434,376
Attachments
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Original Document
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Disclaimer
LIG Nex1 Co. Ltd. published this content on 11 February 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 11 February 2022 00:57:05 UTC.
LIG Nex1 Co Ltd is a Korea-based company mainly engaged in the research, development and production of weapon systems. The Company provides weapons systems mainly used in defense industry fields including precision guided munitions (PGMs), intelligence, surveillance and reconnaissance (ISR), avionics and electronic warfare (AEW), command, control, communications, computers, and information (C4I). PGMs products are composed of antiair, antiship and antisubmarine, earth, air to ground and underwater weapons. ISR products include search radars, tracking radars, image radars, electro-optical equipment, and underwater surveillance systems. AEW products include electronic warfare systems such as avionics, ship and aircraft electronic warfare and army electronic warfare. C4I products include communication terminals, radios and combat systems.
LIG NEX1 CO., LTD. 
