LG Electronics' first quarter profit down 19% y/y
LG전자, 1분기 영업익 9006억…전년 比 19%↓
Profits at LG Electronics were also down in the first quarter... by almost 19 percent from a year earlier.
LG said Tuesday that it recorded 12-point-8 billion U.S. dollars in revenue... and profits of 771 million.
Compared to the quarter before, that was a decline in revenue of around 5 percent, but an increase in profit of almost 11 fold.
LG posted record sales of home appliances, including air purifiers, but losses for its mobile communications and home entertainment businesses.
Profits at LG Electronics were also down in the first quarter... by almost 19 percent from a year earlier.
LG said Tuesday that it recorded 12-point-8 billion U.S. dollars in revenue... and profits of 771 million.
Compared to the quarter before, that was a decline in revenue of around 5 percent, but an increase in profit of almost 11 fold.
LG posted record sales of home appliances, including air purifiers, but losses for its mobile communications and home entertainment businesses.