LS Electric Reports Q3 Operating Profit of 66.5 Billion KRW, Down 5.2% YoY

LS Electric announced on the 23rd that its consolidated operating profit for the third quarter of this year was tentatively estimated at 66.5 billion KRW, a 5.24% decrease compared to the same period last year.

During the same period, sales amounted to 1.0212 trillion KRW, down 0.13%, and net profit decreased by 13.48% to 35.1 billion KRW.

LS Electric Cheongju Smart Factory view.
[Photo by LS Electric]

The cumulative sales from the first to the third quarter of this year were 3.1923 trillion KRW, with an operating profit of 269.8 billion KRW.