LG Electronics says 2014 profit up 46%, meets estimates


LG Electronics says its 2014 operating profit rose 46% from a year before to US$1.66bil - AFP Photo.

SEOUL: South Korea's LG Electronics Inc on Wednesday said its 2014 operating profit rose 46% to 1.8 trillion (US$1.66bil), buoyed by strong demand for television sets as well as a turnaround in its smartphone business.

The result was largely in line with analysts' estimates for a 1.9 trillion won profit. LG said it made a 1.2 trillion won profit in 2013.

Limited time offer:
Just RM5 per month.

Monthly Plan

RM13.90/month
RM5/month

Billed as RM5/month for the 1st 6 months then RM13.90 thereafters.

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

   

Next In Business News

Businesses concerned about rising forex woes
Booming eCommerce bolsters consumption
Sasbadi reports record high quarterly revenue on robust sales
LME takes aim at traders’ Russian metal games with new rules
Helping more city-state F&B businesses to expand overseas
Funds raised by Singapore’s tech startups up 59% in 2023
Fernandes on board Capital A for five more years
China’s prices are too low for buyers to sweat about tariffs
UK firms told to ‘urgently review’ green claims
Seven Group mulls takeover of Cleanaway Waste

Others Also Read