LG Uplus Q4 Operating Profit 182.2 Billion KRW... 68.8% Increase YoY (1st Report)
[Asia Economy Reporter Han Jinju] LG Uplus announced on the 7th that its consolidated operating profit for the fourth quarter of 2019 reached 182.2 billion KRW, an increase of 68.8% compared to the same period last year. During the same period, sales increased by 3.0% to 3.1742 trillion KRW, and net profit increased by 37.3% to 103.3 billion KRW.
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For the full year 2019, consolidated operating profit was 686.2 billion KRW, a decrease of 7.4% compared to the previous year. Sales for 2019 were 12.382 trillion KRW, up 5.6% year-on-year, while net profit was 438.8 billion KRW, down 8.9% year-on-year.
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