LG Electronics Q1 profit down 36.2pc

April 29, 2015 5:56 AM

52 0

LG Electronics Q1 profit down 36.2pc

SEOUL: South Korea's LG Electronics Inc said on Wednesday its January-March profit fell 36.2 percent from a year earlier, missing expectations as deteriorating economic conditions in key markets undercut its television business.

LG reported a first-quarter operating profit of 305 billion won ($285.47 million), compared with a 319 billion won mean estimate from a Thomson Reuters I/B/E/S survey of 35 analysts.

Also read: Repsol closes 2016 with best net profit in 4 years

Read more

To category page

Loading...