LG Electronics' 1Q profit soars 96 fold on fridges, TVs

April 28, 2016 8:16 AM

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SEOUL, South Korea – LG Electronics Inc. has reported a stunning jump in its first-quarter earnings.

The South Korean company said Thursday it earned 191 billion won ($168 million) in the January-March period, compared with 2 billion won a year earlier. The results were its best since mid-2014.

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