LG announced today its preliminary earnings for the fourth quarter of 2018, along with total annual results. The company reached KRW15.8 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 KRW748 trillion in Q3 2018 (about $664 billion) to KRW75.3 trillion or nearly $67 billion. The annual numbers look slightly more promising - sales for the 12 months of 2018 reached KRW61.3 trillion ($54.4 billion), surpassing the 60 trillion mark for a second consecutive...
Source: https://www.gsmarena.com/lg_preliminary_earnings_for_2018_reveal_nearly_10_increase_in_sales-news-34979.php
