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This excerpt taken from the LPL 20-F filed Jun 23, 2009. Gross Profit and Gross Margin As a result of the cumulative effect of the reasons explained above, our gross profit increased by 16.9% from (Won)2,279.7 billion in 2007 to (Won)2,665.0 billion (US$2,111.7 million) in 2008, and our gross margin improved from 15.9% to 16.4% over the same period. |
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