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

Sahara Saga

Sahara Saga

Some staff say Sahara has not paid salaries for months   Read 

Jihadi John

Jihadi John

British PM Cameron vows to hunt down 'Jihadi John'.  Full Article 

Economic Survey

Economic Survey

India in "sweet spot" of lower deficits, more growth - Economic Survey.  Full Article 

Movie Review

Movie Review

"Dum Laga Ke Haisha" is rooted in reality, writes Shilpa Jamkhandikar.  Read | Ab Tak Chhappan 

Nimoy Dies

Nimoy Dies

Leonard Nimoy, Star Trek's 'Mr. Spock,' dies at 83.  Full Article 

Gown Returned

Gown Returned

Lupita Nyong'o's $150,000 Oscar gown returned by thief via TMZ.  Full Article 

NZ vs Australia

NZ vs Australia

Boult destroys powerful Australia batting lineup.  Full Article 

World Cup 2015

World Cup 2015

Full coverage of cricket world cup in Australia and New Zealand.  Full Coverage 

Reuters India Mobile

Reuters India Mobile

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