LG H&H turns to loss in Q4
SEOUL– 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.
Source: Yonhap News Agency