LG Electronics says first-quarter profit up 82 pct from year earlier

Reuters  |  SEOUL 

SEOUL (Reuters) - South Korea's Electronics Inc said on Thursday its first-quarter operating profit rose 82 percent from a year earlier to its highest in nearly eight years on the back of healthy sales for its appliances and television businesses.

said January-March profit was 922 billion won ($816 million) in line with its estimate earlier in April. Revenue rose 9.7 percent to 14.7 trillion won, also in line with the company's previous estimate.

($1 = 1,129.4000 won)

(Reporting by Joyce Lee; Writing by Se Young Lee; Editing by Richard Pullin)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

LG Electronics says first-quarter profit up 82 pct from year earlier

SEOUL (Reuters) - South Korea's LG Electronics Inc said on Thursday its first-quarter operating profit rose 82 percent from a year earlier to its highest in nearly eight years on the back of healthy sales for its appliances and television businesses.

SEOUL (Reuters) - South Korea's Electronics Inc said on Thursday its first-quarter operating profit rose 82 percent from a year earlier to its highest in nearly eight years on the back of healthy sales for its appliances and television businesses.

said January-March profit was 922 billion won ($816 million) in line with its estimate earlier in April. Revenue rose 9.7 percent to 14.7 trillion won, also in line with the company's previous estimate.

($1 = 1,129.4000 won)

(Reporting by Joyce Lee; Writing by Se Young Lee; Editing by Richard Pullin)

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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