Business
LG Elec profit slumps in 2025 on restructuring costs, media business losses
SEOUL, January 30 (AJP) - LG Electronics reported a sharp decline in operating profit in 2025, as hefty one-off restructuring costs and persistent weakness in its media and entertainment business weighed heavily on earnings, overshadowing steady growth in its core home appliance and vehicle component units. The South Korean electronics maker said its annual operating profit fell 27.5 percent from a year earlier to 2.48 trillion won ($1.8 billion), after slipping into an operating
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