LG Innotek (KRX:011070) posted fourth-quarter 2024 net income attributable to shareholders of 106.9 billion won, down 69.5% from 350.8 billion won a year earlier, according to a Wednesday filing with KIND.
The electronic component manufacturing company's sales declined 12.3% year over year to 6.626 trillion won from 7.558 trillion won. Visible Alpha estimated Q4 sales of 6.427 trillion won.
The company's shares declined more than 6% in recent trade.
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