LG Chem-2022 earnings

LG Chem 2022 net profit down 44.5 pct to 2.19 tln won

SEOUL, Jan. 31 (Yonhap) -- LG Chem Ltd. on Tuesday reported its 2022 net profit of 2.19 trillion won (US$1.8 billion), down 44.5 percent from a year earlier.

The company said in a regulatory filing that operating income for the year fell 40.4 percent on-year to 2.99 trillion won. Annual revenue increased 21.8 percent to 51.86 trillion won.

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