Below are the financial statements of LS Electric, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in billions of KRW | 2024 | 2023 |
|---|---|---|
| Sales | 4,551.84a | 4,230.48a |
| Cost of sales | -3,644.25a | -3,457.05a |
| Gross profit | 907.59a | 773.43a |
| Selling, general and administrative expenses | -517.87a | -448.56a |
| Operating income | 389.72a | 324.88a |
| Other income | 176.39a | 130.43a |
| Other expenses | -212.28a | -167.83a |
| Financial income | 39.32a | 24.83a |
| Financial expenses | -55.35a | -46.58a |
| Gain on valuation of equity method | -0.06a | -0.17a |
| Other non-operating expenses | -4.37a | -1.46a |
| Profit before income tax expense | 333.37a | 264.1a |
| Income tax expense for continuing operations | -91.15a | -56.12a |
| Profit from continuing operations | 242.22a | 207.98a |
| Loss from discontinued operations | -0.02a | -0.3a |
| Net profit for the year | 242.24a | 207.67a |
| Profit for the year attributable to | — | — |
| Owners of the Company | 238.72a | 205.96a |
| Non-controlling interests | 3.52a | 1.71a |
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