LG Innotek Reports Operating Profit of 403.1 Billion KRW Last Year, Up 53% Year-on-Year
[Asia Economy Reporter Dongwoo Lee] LG Innotek announced on the 29th that its operating profit in the fourth quarter of last year increased by 102.0% compared to the same period of the previous year, reaching 209.251 billion KRW. During the same period, sales rose by 22.0% to 2.965167 trillion KRW.
Net profit recorded 61.83 billion KRW, a decrease of 75.5% compared to the same period last year.
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LG Innotek's total sales and operating profit for last year were 8.302068 trillion KRW and 403.129 billion KRW, respectively, representing increases of 4.0% and 53.0% compared to the previous year. Net profit decreased by 37.3% to 102.3 billion KRW.
This content was produced with the assistance of AI translation services.
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