LG Electronics' fourth quarter operating profit fell short of expectations

On January 23, Jinshi Data reported that LG Electronics’ fourth-quarter operating profit was KRW 135.4 billion, lower than the market’s expected KRW 346.89 billion; LG Electronics’ net loss in the fourth quarter was KRW 7.149 trillion, higher than the market’s expected KRW 67.45 billion; fourth-quarter sales were KRW 22.76 trillion, close to the market’s expected KRW 22.7 trillion.

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