LG Uplus032640
▲ PositiveCapitalrelevance
Higher net income and operating income despite revenue decline
Impact on stocks 1
Artificial Intelligence
LG UplusLG Uplus Corp. reported higher second-quarter net income despite a decline in revenue. Net income attributable to shareholders of the parent company rose to KRW 219.7 billion from KRW 219.5 billion a year earlier. Operating income increased to KRW 344.5 billion from KRW 304.5 billion. Sales fell to KRW 3.69 trillion from KRW 3.84 trillion. The company's shares closed 0.54% higher at KRW 15,000 on the Korean Stock Exchange.
LG UplusHigher net income and operating income despite revenue decline