LS Electric Reports Q3 Operating Profit of 21.8 Billion KRW, Down 59% Year-on-Year

[Asia Economy Reporter Minji Lee] LS ELECTRIC reported operating profit of 21.8 billion KRW on a consolidated basis for the third quarter, down 59% compared to the same period last year, according to a disclosure on the 29th. Sales increased by 1.88% to 558.5 billion KRW, while net profit decreased by 50.4% to 18.8 billion KRW.