LG Electronics Rises on Record Q3 Earnings
[Asia Economy Reporter Ji Yeon-jin] LG Electronics is showing strong performance on the 29th, boosted by its solid results in the third quarter of this year.
As of 9:30 AM on the day, LG Electronics is trading at 126,500 KRW, up 4,500 KRW (3.69%) compared to the previous day.
LG Electronics announced the day before that it recorded sales of 18.7867 trillion KRW and an operating profit of 540.7 billion KRW in the third quarter. This is the first time LG Electronics has surpassed 18 trillion KRW in sales.
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However, operating profit decreased by 49.6% compared to a year ago due to the provision for GM electric vehicle recalls.
This content was produced with the assistance of AI translation services.
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