SEOUL, LG Corp. on Wednesday reported its 2023 net profit of 1.41 trillion won (US$1.1 billion), down 33.2 percent from a year earlier.

Operating profit for the year was 1.58 trillion won, down 18.2 percent from the previous year, the company said in a regulatory filing. Annual revenue rose 3.6 percent to 7.44 trillion won.

Source: Yonhap News Agency