LG guides for sinking profit in Q4

News Wireless Global 6 JAN 2017
LG guides for sinking profit in Q4
LG Electronics has provided an earnings guidance for the fourth quarter, saying it sees consolidated sales at KRW 14.78 trillion, down 11.8 percent from the previous quarter but up 1.5 percent from the year before. The operating profit is expected to sink to KRW 35.3 billion, down from 283.2 billion in Q3 and 349.0 the year earlier.

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