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First reported by Seoul Economic Daily
Breaking News: LG Electronics Q2 Operating Profit Jumps 147%, a Record for Second Quarter

LG Electronics beats big with record Q2

By

The Korea Herald

1d ago

Source

The Korea HeraldLG Electronics beats big with record Q2koreaherald.com
Snippet from the RSS feed
LG Electronics said Tuesday it delivered its best-ever second-quarter performance, helped by strong sales of home appliances, vehicle components, and heating, ventilation and air-conditioning systems. In a regulatory filing, the company estimated its operating profit for the April-June period at 1.58 trillion won ($1.04 billion), up 146.9 percent from a year earlier. Revenue rose 14.9 percent on-year to 23.83 trillion won. The preliminary results beat market expectations. According to financial

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