LG shifts to profits in Q4

SEOUL, LG Corp. on Wednesday reported its fourth-quarter net profit of 65 billion won (US$49 million), swinging from a loss of 163 billion won a year earlier.Operating profit for the October-December period was 119.6 billion won, up 15.7 percent from a year ago, the company said in a regulatory filing. Revenue rose 6.2 percent to 2.03 trillion won.Source: Yonhap News Agency