LS Electric 2020 net profit down 17% to W85.5b

Published : Jan 28, 2021 - 14:33 Updated : Jan 28, 2021 - 14:33

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LS Electric building (LS Electric)

LS Electric Co. on Thursday reported its 2020 net profit of 85.5 billion won ($76.6 million), down 17 percent from a year earlier.

Operating income for the year was 133.7 billion won, down 20.7 percent on-year, the company said in a regulatory filing. Annual revenue rose 2.4 percent to 2.4 trillion won. (Yonhap)