LG Innotek's Operating Profit Reaches 681 Billion KRW Last Year, Up 43% YoY
[Asia Economy Reporter Kim Heung-soon] LG Innotek announced on the 25th that its consolidated operating profit for last year was tentatively estimated at 681 billion KRW, a 43% increase compared to the previous year. Sales increased by 19.6% year-on-year to 9.5418 trillion KRW. Net profit rose 130.8% to 236.1 billion KRW.
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In the fourth quarter of last year, sales reached 3.8428 trillion KRW, and operating profit was 342.3 billion KRW. Compared to the same period last year, sales increased by 32.3% and operating profit by 37.9%. Compared to the previous quarter, sales rose 73.4% and operating profit surged 215.9%.
This content was produced with the assistance of AI translation services.
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