LG Electronics 2023 net profit down 38.2 pct to 1.15 tln won

LG Electronics Inc. on Thursday reported its 2023 net profit of 1.15 trillion won (US$861.2 million), down 38.2 percent from a year earlier. The company said in a regulatory filing that it posted 3.54 trillion won in operating profit for the year, compared with 3.55 trillion from the previous year. Annual revenue rose 0.9 percent to 84.22 trillion won. Source: Yonhap News Agency