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LX Semicon : Q3 2024 net income rose 8% year-over-year despite a 28% drop in revenue

LX Semicon : Q3 2024 net income rose 8% year-over-year despite a 28% drop in revenue

Lx Semicon Co., Ltd.November 14, 20244
LX Semicon : Q3 2024 net income rose 8% year-over-year despite a 28% drop in revenue

About this update from Lx Semicon Co., Ltd.

Q3 2024 revenue declined 28% year-over-year to ₩1,363.1 billion, but net income rose 8% to ₩109.7 billion, driven by improved margins and cost control. The company remains highly export-oriented, with 98.8% of sales overseas, and continues to invest heavily in R&D.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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