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Wireless

LG sees Q3 sales down 5.8%

Monday 10 October 2016 | 08:54 CET | News
LG Electronics has announced its earnings guidance for the third quarter of 2016. LG expects to reach consolidated sales of KRW 13 trillion in the third quarter, which represents a decline of 5.8 percent year-on-year. The company also expects an operating profit of around KRW 283.2 billion, down 3.7 percent from a year ago. In the second quarter of 2016, LG saw its sales reach nearly KRW 14 trillion, while operating profit amounted to KRW 584.6 billion.

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Categories: Mobile & Wireless
Companies: LG
Countries: World
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