LG Uplus narrows Q4 net loss to KRW 11.2 bln

Thursday 31 January 2013 | 00:46 CET | News
Korean communications provider LG Uplus has narrowed its net loss in the fourth quarter to KRW 11.2 billion from a net loss of KRW 64.2 billion a year earlier. Revenues rose by 12.9 percent year-on-year to KRW 2.76 trillion as service revenues grew 8.8 percent KR 1.81 trillion, handset revenues went up 21.8 percent to KRW 940.3 billion, and rental revenues rose 9 percent to KRW 4.3 billion. LG Uplus posted an EBITDA of KRW 445.3 billion, up 15.4 percent, and EBITDA margin improved by 1.4 percentage points to 24.6 percent. Capex in the fourth quarter fell 40.3 percent to KRW 450.7 billion.

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Categories: General
Countries: Korea, Republic of
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