Thursday, August 03, 2017

LG has 4 high% in revenue in the second quarter

LG Electronics announced that its revenue in the second quarter of 2017 totaled 14.55 trillion KRW ($ $12.89 billion), up nearly 4% in comparison with the same period in 2016. The growth was led by domestic appliances Division, which reported a 12% increase in its sales in the second quarter of 2016. Three of the main divisions of the company higher than the revenue reported a year ago. The operating profit of the quarter was 664.1 billion KRW ($ $588,200,000), up 13.6 percent on the year. The LG Home Appliance & Air Solution Company was the Division that contributed most to the revenue and operating profit for the second quarter, respectively, 5.25 trillion KRW ($ $4.65 billion) and 465.7 billion KRW ($ $412,500,000). The other two divisions that contributed the recipe were: LG Home Entertainment Company and LG Mobile Communications Company.
Giro News – 03/08/17
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