LX Hausys, 2Q Operating Profit 30.1 Billion KRW... Up 127.9% YoY
Premium Building Materials Drive Performance
Accelerating Total Interior Business Through Expansion of B2C Distribution Channels
[Asia Economy Reporter Hwang Yoon-joo] LX Hausys announced on the 29th that its consolidated operating profit for the second quarter of this year reached 30.1 billion KRW, an increase of 127.9% compared to the same period last year. During the same period, sales were tentatively recorded at 900.7 billion KRW, up 25.1%.
Regarding the second quarter performance, LX Hausys stated, "Both sales and operating profit increased compared to the same period last year, supported by increased sales of premium building materials such as high-insulation windows, functional sheet flooring, and engineered stone, as well as a slight increase in sales of automotive material parts and industrial films."
Hot Picks Today
"Stocks Are Not Taxed, but Annual Crypto Gains Over 2.5 Million Won to Be Taxed Next Year... Investors Push Back"
- "Not Jealous of Winning the Lottery"... Entire Village Stunned as 200 Million Won Jackpot of Wild Ginseng Cluster Discovered at Jirisan
- "Even With a 90 Million Won Salary and Bonuses, It Doesn’t Feel Like Much"... A Latecomer Rookie Who Beat 70 to 1 Odds [Scientists Are Disappearing] ③
- "Rather Than Endure a 1.5 Million KRW Stipend, I'd Rather Earn 500 Million in the U.S." Top Talent from SNU and KAIST Are Leaving [Scientists Are Disappearing] ①
- "How Did an Employee Who Loved Samsung End Up Like This?"... Past Video of Samsung Electronics Union Chairman Resurfaces
They added, "In the third quarter, we will accelerate the total interior business through the full-scale sales of new kitchen and bath products and the expansion of B2C distribution channels for LX Jiin Interior. We will also continue to expand the supply of high value-added building materials such as PF insulation materials, aiming for sustained growth based on securing profitability."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.
