|
|
![]() | ![]() | ![]() | ![]() |
This excerpt taken from the LPL 20-F filed Jun 23, 2009. Net Income As a result of the cumulative effect of the reasons explained above, our net income decreased by 32.6% from (Won)1,344.4 billion in 2007 to (Won)905.4 billion (US$717.4 million) in 2008. Tax exemptions under the Special Tax Treatment Control Law of Korea had the effect of increasing our net income by (Won)23.6 billion in 2007 and (Won)32.6 billion (US$25.8 million) in 2008. We will no longer be eligible for such income tax exemptions beginning in 2009. |
| |||||||