LG Electronics says Q3 operating profit to grow vs year earlier

SEOUL Thu Jul 24, 2014 1:30pm IST

A customer tries out an LG electronics' smart phone at a store in Seoul July 22, 2014. REUTERS/Kim Hong-Ji

A customer tries out an LG electronics' smart phone at a store in Seoul July 22, 2014.

Credit: Reuters/Kim Hong-Ji

Related Topics

Stocks

   

SEOUL (Reuters) - LG Electronics Inc expects operating profit for the July-September quarter to grow from the same period a year earlier, as returns from the mobile business are likely to improve, the company's chief financial officer said on Thursday.

Jung Do-hyun, speaking at a meeting with analysts after the company reported second-quarter earnings, said third-quarter revenue should grow on year by a high single-digit percentage rate.

(Reporting by Se Young Lee; Editing by Christopher Cushing)

FILED UNDER:

Tech Wrap

Reuters Showcase

Stake Sale

Stake Sale

Strong demand for Coal India boosts privatisation drive.  Full Article 

Pharma Deal

Pharma Deal

Sun Pharmaceutical wins U.S. approval to buy Ranbaxy  Full Article 

SpiceJet Bailout

SpiceJet Bailout

SpiceJet board approves up to $243 mln share sale plan  Full Article 

AirAsia Jet Crash

AirAsia Jet Crash

AirAsia captain left seat before jet lost control - sources  Full Article 

India Art Fair

India Art Fair

Art fair turns India's capital into art hub.  Full Article 

Romney Opts Out

Romney Opts Out

Republican Romney opts out of 2016 run for president.  Full Article 

Movie Review

Movie Review

"Rahasya" is an ode to Agatha Christie.  Full Article 

Safety Concerns

Safety Concerns

Aviation leaders seek new safety mandate after deadly 2014.  Full Article 

Movie Review: Hawaizaada

Movie Review: Hawaizaada

Movie Review: Hawaizaada  Full Article | Related Story 

Reuters India Mobile

Reuters India Mobile

Get the latest news on the go. Visit Reuters India on your mobile device  Full Coverage