LG Releases Preliminary Earnings for Fourth-Quarter 2023

LG Electronics Inc. (LG) today announced its preliminary earnings results for the fourth quarter and full-year of 2023. LG reported an annual consolidated revenue of KRW 84 trillion, marking the third consecutive year of achieving the highest annual revenue, and an annual operating profit of KRW 3.5 trillion. These figures demonstrate a resilient business performance, approaching the results observed during the prior period of pent-up demand, despite challenges posed by delayed demand rec...

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