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LG Elec says first quarter operating profit likely up 82% yoy

LG Elec says first quarter operating profit likely up 82% yoy

Friday, April 7, 2017, 12:22 PM

South Korea's LG Electronics Inc (066570.KS) estimated on Friday its first-quarter operating profit rose 82% from a year earlier, beating market expectations on healthy sales of appliances and televisions. LG said January-March operating profit was likely 922 billion won ($812.98 million), compared with a 518 billion won average forecast from a Thomson Reuters I/B/E/S survey of 24 analysts.
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