Lg Electronics Ltd News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Profit fell in the first quarter for South Korean electronic appliances manufacturer LG Electronics Ltd, but revenues increased, the company said on Friday. The first-quarter operating profit has surpassed 1 trillion Korean won ($740 million) for the fifth consecutive year since 2020. Further, the company marked the highest first-quarter revenue in its history. Preliminary first-quarter operating profit was 1.33 trillion won and consolidated revenue was 21.09 trillion won. In the prior year's fi

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LG Electronics Ltd. (LGEPF.OB, LGEJY.OB, LGEIY.OB, LGEAF.OB), a South Korean electronic appliances major, on Friday posted a rise in earnings for the third-quarter of 2023, mainly driven by the company's core home appliance business and vehicle solutions divisions.