LS Electric Reports Operating Profit of 324.8 Billion KRW Last Year, Up 73.2% Year-on-Year
LS ELECTRIC announced on the 26th that its operating profit on a consolidated basis last year was 324.8 billion KRW, an increase of 73.2% compared to the previous year.
During the same period, sales rose 25.3% to 4.2304 trillion KRW, and net profit also increased by 126.4% to 206.4 billion KRW.
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LS ELECTRIC explained that this was due to "an increase in sales of power and power infrastructure driven by the global economic recovery and rising investment demand."
This content was produced with the assistance of AI translation services.
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