LG announces third quarter financial results

In Industry News On
- Updated

LG Electronics today announced third-quarter 2013 consolidated revenues of KRW 13.89 trillion (USD 12.51 billion). LG saw a 27 percent increase in third-quarter operating profit to KRW 217.80 billion (USD 196.34 million) compared with the same period last year mainly due to the increase in mobile device sales (24%).

The LG Home Entertainment Company reported revenues of KRW 5.01 trillion (USD 4.50 billion), a 7 percent decline from the same period a year ago. Operating profit of KRW 124.40 billion (USD 111.68 million) increased both year-over-year and quarter-over-quarter as a result of more efficient use of operating and marketing expenses.

You may also read!

KAISER TO EXHIBIT ITS APPLIANCES AT IFA

Luxury appliance brand, Kaiser will be showcasing its distinctive collection of appliances at the renowned IFA exhibition in Berlin.

Read More...

Two new starters at D.A.D.

Mark Harrison We are delighted to welcome Mark Harrison as our new Logistics Director! Mark has over 25 years’ experience in

Read More...

Tower SDA & collections coming to IFA Berlin in September

Tower is celebrating 110 years of quality at IFA Berlin from 2-6 September. The Berlin-based show shines a light on

Read More...

Mobile Sliding Menu

©2021 Innovative Electrical Retailing. Datateam Business Media Limited. All rights reserved.
Registered in England No: 1771113. VAT No: 834 8567 90.
Registered Office: 15a London Road, Maidstone, Kent ME16 8LY
open