Seoul: LS Electric Co. on Thursday reported its 2024 net income of 242.2 billion won (US$168.6 million), marking a 16.6 percent increase from the previous year.
According to Yonhap News Agency, the company's operating profit for the year was 389.7 billion won, representing a 20 percent rise from the previous year. Additionally, LS Electric's annual revenue saw a growth of 7.6 percent, reaching 4.55 trillion won. These financial results were disclosed in a regulatory filing by the company.