LG Australia has recorded after-tax profit lifted to AU$15.8 million while revenue came in just under AU$944 million.
LG Electronics Australia’s latest financial report has unveiled the company achieved a net profit after tax of AU$15.8 million, an increase on the AU$12 million reported last financial year. For the period ending 31 December 2020, the Australian arm of the South Korean tech company recorded revenue just shy of AU$944 million, up from the AU$860 million it achieved last year. Noting its primary activity consisted of importing and supplying retailers with household electronic appliances, IT equipment, and mobile phones, LG Electronics Australia took just over AU$1 billion from customers, a boost from the AU$950 million last year.
