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Wysłany: Wto 16:37, 03 Wrz 2013
Temat postu: In an investor relations blitz on Tuesday
The LG Group��s two flagship businesses posted good business results in the third quarter,
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.
LG Chem earned a record operating profit of W252.5 billion (US$1=W917) in the third quarter on a surplus in the battery sector. The nation��s largest chemical producer earned W2.766 trillion in sales and W252.5 billion in operating profit,
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, up 11.4 percent and a whopping 135.8 percent year on year respectively. LG Chem CEO Kim Bahn-suk attributed the good performance to a 200 percent growth in the operating profit of the information electronic material division amid a bullish liquid crystal display market.
In an investor relations blitz on Tuesday,
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, LG Electronics said it earned W9.91 trillion in sales and W361.5 billion in operating profit in the third quarter if the performance of its global operations are taken into account. Operating profit fell 22 percent from the previous quarter but surged 74 percent from the same quarter last year.
Among its four business sectors,
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, the cell phone division was the best performer,
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, posting the sales of W2.64 trillion and an operating profit of W220.1 billion. It has now grown into a flagship,
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, accounting for more than half of LG Electronics�� overall operating profit.
The home appliance division earned W2.79 trillion in sales and W149.6 billion in operating profit thanks to the growing sales of washing machines in the North American market. The PC sector earned W29.1 billion in operating profit,
louboutin
, a reversal from a deficit of W3.9 billion in the previous quarter. The display business registered a deficit of W28.7 billion,
hogan
, but that was smaller than in the past.
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