LG Electronics Inc’s Q2 operating profit likely rose 14 percent from a year earlier

News Hour:

South Korea’s LG Electronics Inc said on Friday its second-quarter operating profit likely rose 14 percent from a year earlier but fell short of market expectations.

LG, in a regulatory filing, estimated its April-June profit to be 664 billion won ($574.54 million) versus a Thomson Reuters StarMine SmartEstimate of 755 billion won from a poll of 18 analysts, reports Reuters.

Revenue likely rose 3.9 percent to 14.6 trillion won, also lower than the 15.1 trillion won SmartEstimate. The firm did not disclose further details of April-June operations and will disclose full results at the end of July.

Avatar

This article has been posted by a News Hour Correspondent. For queries, please contact through [email protected]
No Comments

Translate this News

Join the Facebook Group

Click here to join the Facebook group of News Hour

Popular Posts

Sacred Games exposes Rajshri Deshpande nude [video]
Paperfly launches delivery services covering 64 districts in Bangladesh
Bolivian opposition senator Jeanine Áñez declared herself interim president
Huawei mate 10 Pro: a valiant smartphone with a worthy price
Housing solutions for the urban poor in Bangladesh
Anurag Kashyap shoots Kubra Saith 7 times nude and made her cry for frontal nudity scene [Video]

Advertisement

News of the Month

Scroll Up
%d bloggers like this: