[Concall] LG Electronics "Strengthening VS Business Capabilities... No Change in Goal to Return to Profit Next Year"
[Asia Economy Reporter Ki-min Lee] LG Electronics stated on the 29th during the conference call following the Q1 earnings announcement that "We are not greatly concerned about the widening losses in the VS Business Division," adding, "The increase in losses in the VS Business Division is solely due to sales shortfalls, and the actual business capabilities are strengthening. The goal of returning to profitability in 2021 remains unchanged."
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