LG Innotek Reports 3Q Operating Profit of 89.4 Billion KRW, Down 52% YoY

[Asia Economy Reporter Minwoo Lee] LG Innotek announced on the 28th that it recorded provisional consolidated sales of 2.2298 trillion KRW and operating profit of 89.4 billion KRW for the third quarter of this year. Compared to the same period last year, these figures decreased by 8.8% and 52.1%, respectively. Net profit for the period was 26.9 billion KRW, down 78.5% during the same period.