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LG Uplus Q1 net profit jumps nearly 20%

Monday 7 May 2018 | 10:20 CET | News
LG Uplus saw its first-quarter revenue increase by 6.4 percent from a year earlier to KRW 3.06 trillion. Service revenue slightly increased by 0.8 percent year-on-year to KRW 2.30 trillion, while handset revenue jumped 27.9 percent year-on-year to KRW 755.8 billion. Net profit rose 19.4 percent year-on-year and 16.6 percent quarter-on-quarter to KRW 158.1 billion at 31 March 2018. The Korean operator increased its EBITDA by 6.2 percent year-on-year to KRW 661.5 billion, while capex slightly declined by 0.5 percent year-on-year to KRW 205.4 billion.

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Categories: Mobile & Wireless
Companies: LG
Countries: Korea, Republic of
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