LG Electronics' Q3 operating profit jumps 4.4%, recording largest quarterly result since 2009
- 5 years ago
LG Electronics says its operating profit for the third quarter jumped 4-point-4 percent to nearly 670 million dollars,... recording the company's largest quarterly result in a decade.
It added sales rose 1-point-8 percent on-year to 13-point-4 billion U.S. dollars.
The local electronics maker explained its home appliance and air solution division brought in the most revenue,... thanks to strong sales at home and abroad.
Its smartphone business, however, witnessed an almost 25 percent drop in sales due to weak global demand and rising marketing costs.
It added sales rose 1-point-8 percent on-year to 13-point-4 billion U.S. dollars.
The local electronics maker explained its home appliance and air solution division brought in the most revenue,... thanks to strong sales at home and abroad.
Its smartphone business, however, witnessed an almost 25 percent drop in sales due to weak global demand and rising marketing costs.