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LG H&H turns to loss in Q4

Earnings 15:53 January 31, 2023

SEOUL, Jan. 31 (Yonhap) -- LG H&H Co. on Tuesday reported its fourth-quarter net loss of 108.8 billion won (US$88.3 million), shifting from a profit of 136.4 billion won a year earlier.

The company said in a regulatory filing that it posted 128.9 billion won in operating profit for the quarter, compared with 241 billion won a year ago. Sales fell 10.6 percent to 1.8 trillion won.

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