LG Uplus Corp
032640: XKRX (KOR)
| Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
|---|---|---|---|
| LOCK|<qT | LOCK|r# | LOCK|MZK>@N |
LG Uplus Earnings: Steady Increase in Market Share but Increased Depreciation Lowers Earnings
LG Uplus' third-quarter 2024 services revenue increased by 2.9%, with operating profit down 3.2%, although this decline was due to increased depreciation, with EBITDA up 2.4%. These growth rates are broadly in line with the first half and in line with our expectations.
