Seoul: LG Innotek Co. on Wednesday reported its 2024 net income of 449.3 billion won (US$312.4 million), marking a 20.5 percent decrease from the previous year.
According to Yonhap News Agency, the company announced in a regulatory filing that it achieved an operating profit of 706 billion won for the year, a drop from 830.8 billion won recorded the previous year. However, annual sales saw a 2.9 percent increase, reaching 21.2 trillion won.