LG published a report on its financial performance in 2019, boasting a record-breaking sales of $53 billion. The company recorded operating profits of $2.07 billion, 10% down from 2018, which LG explains with the additional investments it made in marketing and developing future tech. Most of the money came from the LG Home Appliance & Air Solution Company. It brought it a third of the revenue ($18.29 billion) and most of the operating profit ($1.7 billion). This division set company-wide records for both the revenue and profit it delivered this year. The financials for the fourth...
Source: https://www.gsmarena.com/lg_posts_record_sales_and_high_profits_no_thanks_to_its_mobile_division-news-41293.php
