LG turns to red in Q4

LG-Q4 earnings

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| 2023-02-09 16:31:08

LG-Q4 earnings

LG turns to red in Q4

SEOUL, Feb. 9 (Yonhap) -- LG Corp. on Thursday reported its fourth-quarter net loss of 163 billion won (US$129.4 million), turning from a profit of 58.9 billion won a year earlier.

The company said in a regulatory filing that operating profit for the October-December period fell 67 percent on-year to 103.4 billion won. Revenue increased 2 percent to 1.91 trillion won.

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