LG Uplus Q3 Operating Profit at 161.7 Billion Won... Down 34% Year-on-Year (Breaking)

LG Uplus announced on November 5 that its consolidated sales for the third quarter of this year reached 4.0108 trillion won, with an operating profit of 161.7 billion won.

Sales increased by 5.5% compared to the same period last year, driven by growth in the mobile division. However, operating profit decreased by 34.3% year-on-year due to higher personnel expenses resulting from voluntary retirement payouts.