LG Electronics Inc. reported earnings results for the year 2016. For the year, the company reported net income plunged 49.3% to KRW 126.31 billion from last year's KRW 249.14 billion. Net profit from continuing operation before tax climbed 21.7% to KRW 721.72 billion from KRW 593.13 billion a year ago. Operating income grew 12.2% to KRW 1.34 trillion from last year's KRW 1.19 trillion.