LG Innotek, 1Q Operating Profit 346.8 Billion KRW... 97% Increase YoY

[Asia Economy Reporter Minwoo Lee] LG Innotek announced on the 29th that it posted preliminary consolidated results for the first quarter of this year with sales of 3.0703 trillion KRW and operating profit of 346.8 billion KRW. This represents an increase of 55.6% and 97.3%, respectively, compared to the same period last year. Net profit for the period was recorded at 251.4 billion KRW, up 212.0% during the same period.