LG expects 82.4% increase in operating profit YoY in Q1 2017

LG G6_fonearena-07

LG Electronics today announced its preliminary earnings results for the first quarter of 2017, which will be announced later this year. The company expects to make 14.7 trillion Korean won and operating profit of 921.5 billion korean won. It expects revenues to be 9.7% higher and operating profit 82.4% higher than the same period last year, ts second-best in quarterly profits ever. Continue reading “LG expects 82.4% increase in operating profit YoY in Q1 2017”