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LG Set To Post Strong Q2 Earnings On Home Appliance Biz


LG set to post strong Q2 earnings on home appliance biz
Adv.
Seoul, July 2 (IANS) LG Electronics is likely to report strong second-quarter earnings, analysts said on Friday, as its mainstay home appliance business continued to rack up solid results.
The South Korean tech company was projected to log 17.6 trillion won (US$15.5 billion) in sales in the April-June period, up 37 percent from a year earlier, while its operating profit was estimated to soar 140 percent on-year to 1.2 trillion won over the period, according to the data from seven local brokerage houses compiled by Yonhap Infomax, the financial news arm of Yonhap News Agency. ....

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LG set to post strong Q2 earnings on home appliance biz


LG set to post strong Q2 earnings on home appliance biz
​ By
IANS
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LG set to post strong Q2 earnings on home appliance biz. Image Source: IANS News
Seoul, July 2 : LG Electronics is likely to report strong second-quarter earnings, analysts said on Friday, as its mainstay home appliance business continued to rack up solid results.
The South Korean tech company was projected to log 17.6 trillion won (US$15.5 billion) in sales in the April-June period, up 37 percent from a year earlier, while its operating profit was estimated to soar 140 percent on-year to 1.2 trillion won over the period, according to the data from seven local brokerage houses compiled by Yonhap Infomax, the financial news arm of Yonhap News Agency. ....

Soult Ukpyolsi , South Korea , United States , South Korean , Yonhap Infomax , Cha Yu Mi , Yonhap News Agency , Lg Electronics , Yonhap News , North America , Mirae Asset Securities , Eugene Investment Securities , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியன் , எல்ஜி மின்னணுவியல் , வடக்கு அமெரிக்கா , மீரே சொத்து பத்திரங்கள் , யூஜின் முதலீடு பத்திரங்கள் ,

LG Electronics set to post strong Q2 earnings on home appliance biz


LG Electronics is likely to report strong second-quarter earnings, analysts said on Friday, as its mainstay home appliance business continued to rack up solid results.
The South Korean tech company was projected to log 17.6 trillion won (US$15.5 billion) in sales in the April-June period, up 37 percent from a year earlier, while its operating profit was estimated to soar 140 percent on-year to 1.2 trillion won over the period, according to the data from seven local brokerage houses compiled by Yonhap Infomax, the financial news arm of Yonhap News Agency.
But compared with the first quarter, when the company posted its largest-ever quarterly earnings, LG s second-quarter sales and operating profit were expected to be down 6.5 percent and 21.4 percent, respectively. ....

United States , South Korea , South Korean , Yonhap Infomax , Cha Yu Mi , Yonhap News Agency , Lg Electronics , Yonhap News , North America , Mirae Asset Securities , Eugene Investment Securities , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியா , தெற்கு கொரியன் , எல்ஜி மின்னணுவியல் , வடக்கு அமெரிக்கா , மீரே சொத்து பத்திரங்கள் , யூஜின் முதலீடு பத்திரங்கள் ,

LG Electronics sees record Q4 earnings on solid home appliance sales


LG Electronics sees record Q4 earnings on solid home appliance sales
Posted : 2021-01-08 17:27
LG Twin Tower in Seoul / Courtesy of LG
LG Electronics on Friday forecast robust fourth-quarter earnings as sales from its mainstay home appliances apparently remained solid despite the weakness of the U.S. dollar.
In its earnings guidance, the South Korean tech giant estimated its operating profit at 647 billion won ($592 million) for the October-December period in 2020, a sixfold increase from a year ago.
Its fourth-quarter operating income estimate was lower than the market consensus of 689 billion won in a survey by Yonhap Infomax, the financial arm of Yonhap News Agency. However, it was still the largest-ever for a fourth quarter. ....

Soult Ukpyolsi , South Korea , United States , South Korean , Yonhap Infomax , Lg Electronics On , Yonhap News Agency , Lg Electronics , Yonhap News , Kim Rok Ho , Hana Financial , Kwon Sung Ryul , Roh Kyoung Tak , Eugene Investment Securities , South America , தெற்கு கொரியா , ஒன்றுபட்டது மாநிலங்களில் , தெற்கு கொரியன் , எல்ஜி மின்னணுவியல் ஆன் , எல்ஜி மின்னணுவியல் , கிம் ரோக் ஹோ , ஹனா நிதி , யூஜின் முதலீடு பத்திரங்கள் , தெற்கு அமெரிக்கா ,