Yonhap Infomax NewsJan 30
LG Electronics Inc. posted record revenue of 89.2 trillion won ($67.2 billion) in 2023, but operating profit dropped 27.5% due to higher costs and one-off expenses, as growth in home appliance and vehicle component businesses offset market headwinds.
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LG Electronics Posts Record Revenue of 89 Trillion Won in 2023—Operating Profit Drops 27.5%

LG Electronics Inc. posted record revenue of 89.2 trillion won ($67.2 billion) in 2023, but operating profit dropped 27.5% due to higher costs and one-off expenses, as growth in home appliance and vehicle component businesses offset market headwinds.

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