LG CNS Reports 555.8 Billion Won Operating Profit Last Year, Up 8.4% Year-on-Year

Sales Surpass 6 Trillion Won, Up 2.5% Year-on-Year
Cash Dividend of 1,100 Won per Common Share

LG CNS announced on January 26 that its consolidated operating profit for the previous year reached 555.8 billion won. This figure represents an 8.4% increase compared to the previous year.

During the same period, sales rose by 2.5% to 6.1295 trillion won, while net profit increased by 21.2% to 442.2 billion won.

Exterior view of the LG CNS headquarters. Provided by LG CNS

LG CNS explained, "Net profit increased due to higher net interest income and investment returns resulting from an increase in cash-equivalent assets."

On this day, LG CNS also decided on a year-end cash dividend of 1,100 won per common share. The record date for the dividend is March 31.