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LS Industrial Systems 2019 net income down 22.1 pct. to 103 bln won

All News 14:32 January 30, 2020

SEOUL, Jan. 30 (Yonhap) -- LS Industrial Systems Co. on Thursday reported its 2019 net income of 103 billion won (US$ 87 million), down 22.1 percent from a year earlier.

The company said in a regulatory filing that it posted 168.5 billion won in operating profit for the year, compared with 205 billion on-year. Annual revenue fell 5.6 percent to 2.34 trillion won.

※ This article was generated by Yonhap's proprietary algorithm using data from Yonhap Infomax and Korea Exchange(KRX).
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