LG Electronics Reports Decline in 2024 Operating Profit Despite Record Sales

Jan 08, 2025

LG Electronics has announced its preliminary financial results for 2024, revealing a 6.1% year-over-year decrease in operating profit. The company's operating profit reached 3.4304 trillion Korean won, approximately 173.5 billion yuan. Despite this decline in profits, LG Electronics achieved a 6.7% increase in sales, totaling 87.7442 trillion Korean won, marking a new annual sales record for the first time in two years.

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