FILE PHOTO: A man talking on his phone walks past the logo of LG Electronics during Korea Electronics Show 2016 in Seoul, South Korea, October 27, 2016. REUTERS/Kim Hong-Ji/File Photo
SEOUL (Reuters) -South Korea's LG Electronics Inc said on Tuesday it has revised down its second quarter operating profit by more than a fifth to reflect a provision for recall costs for General Motor Co's Bolt electric vehicles (EVs).
It said operating profit for the three months to end-June was now 878 billion won ($763.56 million) from a previously announced 1.1 trillion.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
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!
