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LG Electronics Deutschland GmbH Alfred-Herrhausen-Allee 3-5 65760 Eschborn, Germany http://www.lge.de
Contact Mr Ken Hong +82 2-3777-3626
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LG Electronics Deutschland GmbH

LG Announces Third-Quarter 2012 Financial Results

Company Reports Third Consecutive Quarter of Solid Net Income

(PresseBox) (Seoul, )
LG Electronics (LG) today reported a solid third-quarter performance with the third consecutive quarter of positive net income and all four companies recording strong operating profits. Better-than-expected performance in the mobile and home appliance businesses helped offset a slight decline in overall year-over-year sales for the third quarter.

Third-quarter net profit of KRW 157 billion (USD 138.57 million) with operating profit recording KRW 221 billion (USD 195.06 million) showed significant improvements from the loss in the same period last year. Third-quarter revenues fell 4 percent year-over-year to KRW 12.38 trillion (USD 10.93 billion) due to the continuing decline of feature edcgz avgab ocw njkivjh uuvj xoierq.

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