LG Reports Operating Profit of 1.0241 Trillion KRW Last Year, Down 44% Year-on-Year
[Asia Economy Reporter Dongwoo Lee] LG announced on the 13th that its consolidated operating profit for last year was tentatively estimated at 1.0241 trillion KRW, a 44% decrease compared to the previous year. During the same period, sales amounted to 6.5753 trillion KRW, down 15% year-on-year, and net profit decreased by 41% to 1.1068 trillion KRW.
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In the fourth quarter, it recorded an operating loss of 65.6 billion KRW, turning to a deficit. During the same period, sales and net loss were 1.6531 trillion KRW and 197 billion KRW, respectively.
This content was produced with the assistance of AI translation services.
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