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.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.


Already registered?

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: Mobile & Wireless
Companies: LG
Countries: Korea, Republic of
::: add a comment
This article is part of dossier


Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


South Korea to launch 5G spectrum auction on 15 June

Published 04 May 2018 09:32 CET | Korea, Republic of
South Korea will hold its first 5G spectrum auction on 15 June. Korea's Ministry of Science and ICT said SK Telecom, KT and LG ...

South Korea sets 5G spectrum auction opening price at KRW 3.3 trillion

Published 19 Apr 2018 14:39 CET | Korea, Republic of
South Korea has set the opening price of the auction for 5G spectrum at KRW 3.3 trillion (approximately USD 3.1 billion), Yonhap ...

South Korea tops 10 mln subscribers to new discount mobile plans in 6 months

Published 14 Mar 2018 09:58 CET | Korea, Republic of
South Korea has passed the milestone of 10 million subscribers to new mobile phone discount plans in six months, Yonhap news ...

LG Uplus Q1 net profit jumps 20%

Published 27 Apr 2017 08:00 CET | Korea, Republic of
LG Uplus saw its first-quarter revenues increase by 6.2 percent from a year earlier to KRW 2.88 trillion. Service revenue rose ...