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HomeGADGETSELECTRONICSLG Electronics 2023 net profit down 38.2% to $860.3 mil.

LG Electronics 2023 net profit down 38.2% to $860.3 mil.

The logo of LG Electronics is seen on a flag outside the company’s headquarters in Seoul in this July 7, 2023 file photo. Newsis

LG Electronics on Thursday reported its 2023 net profit of 1.15 trillion won ($860.3 million), down 38.2 percent from a year earlier.

The company said in a regulatory filing that it posted 3.54 trillion won in operating profit for the year, compared with 3.55 trillion from the previous year. Annual revenue rose 0.9 percent to 84.22 trillion won. (Yonhap)

 

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