LS Electric Reports Q1 Operating Profit of 40.5 Billion KRW, Up 41.2% Year-on-Year

by Lee Dongwoo

Published 24 Apr.2020 10:52(KST)

[Asia Economy Reporter Dongwoo Lee] LS Electric announced on the 24th that its consolidated operating profit for the first quarter of this year was tentatively estimated at 40.5 billion KRW, an increase of 41.17% compared to the same period last year.

Sales amounted to 635.6 billion KRW, up 22.58% from the same period last year. Net profit was 21.7 billion KRW, down 17.49%.