Lg Sees 65 Surge In Q2 Profit Thanks To Appliances And Tvs
The South Korean electronics maker also announced that earnings from its mobile operation would no longer be included in its quarterly earnings report going forward with the business set to end this month. LG said it recorded 17.11 trillion won in sales and 1.11 trillion won in operating income during the second quarter, which were surges of 48.4% and 65.5%, respectively, from the previous year. The Q2 sales figure is LG’s highest for a quarter to date, with strong sales of home appliances and consumer electronics outside of South Korea being what carried the growth, LG said....