[Breaking] LG Electronics Q4 Operating Profit 69.3 Billion KRW... 90.7% Decrease YoY
![A view of LG Twin Tower in Yeouido, Yeongdeungpo-gu, Seoul. [Photo by LG]](http://www.asiae.co.kr/news/img_view.htm?img=2022070309373235402_1656808651.jpg)
[Asia Economy Reporter Moon Chaeseok] LG Electronics announced on the 27th that its consolidated operating profit for last year decreased by 12.5% compared to the same period the previous year, reaching 3.551 trillion KRW. Sales increased by 12.9% year-on-year to 83.4673 trillion KRW. Net profit rose by 31.7% to 1.8631 trillion KRW.
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Operating profit for the fourth quarter of last year sharply declined by 90.7% year-on-year to 69.3 billion KRW. Fourth-quarter sales increased by 5.2% to 21.8575 trillion KRW, while net loss turned to a deficit, recording 212.4 billion KRW.
This content was produced with the assistance of AI translation services.
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