January 26, 2016 / 6:27 AM / 2 years ago

LG Elec says Q4 operating profit up 27 pct vs year earlier

SEOUL, Jan 26 (Reuters) - South Korea’s LG Electronics Inc said on Tuesday its fourth-quarter operating profit rose 27 percent from a year earlier - a result that was slightly above expectations as earnings for its television business rebounded.

LG, the world’s No.2 television maker behind domestic rival Samsung Electronics Co Ltd, said October-December profit was 349 billion won ($290 million), above a Thomson Reuters StarMine SmartEstimate of 340 billion won derived from a survey of 25 analysts. ($1 = 1,203.7800 won) (Reporting by Se Young Lee; Editing by Edwina Gibbs)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below