LG Electronics says Q3 operating profit to grow vs year earlier
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)
- Tweet this
- Share this
- Digg this
Trending On Reuters
Ride service Uber, which is trying to enhance its image after several controversies, on Friday released the findings of a report on its handling of passenger data and said it would act on all the report's recommendations for improvements. Full Article