my timesThe Korea Times

LS 2023 net profit up 7.9% to $407.7 mil.

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LS CEO Koo Ja-eun speaks at the New Year's Ceremoney, at the LS Tower, in Anyang, Gyeonggi Province, Jan. 2. Courtesy of LS

LS CEO Koo Ja-eun speaks at the New Year's Ceremoney, at the LS Tower, in Anyang, Gyeonggi Province, Jan. 2. Courtesy of LS

LS on Wednesday reported its 2023 net profit of 545.2 billion won ($407.7 million), up 7.9 percent from a year earlier.

The company said in a regulatory filing that it posted 899.8 billion won in operating profit for the year, compared with 670.9 billion from the previous year. Annual sales rose 39.9 percent to 24.47 trillion won. (Yonhap)