LG Innotek Q3 net down 25.8% on fluctuating exchange rate
LG Innotek, an electronic components manufacturer under LG Group, said Tuesday its third-quarter net profit fell 25.8 percent from a year earlier, as exchange-rate fluctuations weighed on profitability. Net profit for the July-September period came to 95.2 billion won ($71.9 million), down 128.4 billion won from a year earlier, the company said in a regulatory filing. LG Innotek said its net…
We haven't written up this one. The Korea Times has the full story — the link below goes straight to it.
