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LG operating profit falls sharply in Q4 despite slightly higher revenues

Tuesday 8 January 2019 | 09:06 CET | News
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LG Electronics released some preliminary figures for the fourth quarter and full-year of 2018. For the quarter, revenues for the quarter reached nearly KRW 15.8 trillion, an improvement from the 15.43 trillion reported in the previous quarter, and the 16.8 trillion recorded the year before. The operating profit however sank to KRW 75.3 billion from 749 billion sequentially and 367 billion year-on-year. 

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Categories: Mobile & Wireless
Companies: LG
Countries: World
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