LG Hausys Reports Operating Profit of 71 Billion KRW Last Year, Up 3.2% YoY

[Asia Economy Reporter Song Seung-yoon] LG Hausys, a KOSPI-listed company, announced on the 28th that its consolidated operating profit for last year was tentatively estimated at 71 billion KRW, a 3.2% increase compared to the previous year.

Sales amounted to 3.038 trillion KRW, a 4.7% decrease from the previous year. Net loss was recorded at 79.5 billion KRW.

Operating profit for the fourth quarter was 8.9 billion KRW, a 176.9% increase compared to the same period last year. During the same period, sales and net loss were 823.4 billion KRW and 139.6 billion KRW, respectively.