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LG announced today its preliminary earnings for the fourth quarter of 2018, along with total annual results. The company reached KRW 15.8 t...
LG announced today its preliminary earnings for the fourth quarter of 2018, along with total annual results. The company reached KRW 15.8 trillion (about $14 billion) of consolidated revenues, which is slightly more than the sales results from the previous quarter. However, the operating profit went down sharply from KRW 748.8 billion in Q3 2018 (about $666 million) to KRW 75.3 billion or about $67 million. The annual numbers look slightly more promising - sales for the 12 months of 2018 reached KRW 61.3 trillion ($54.4 billion), surpassing the 60 trillion mark for a second...
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