April 18, 2024
Stocks & Bonds
[EQUITIES] ‘LG Uplus remains solid in Q4’
[THE INVESTOR]
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Its earnings will meet market expectations with 3.11 trillion won revenue and 198.2 billion won operating profit, and its profitability will improve on the back of strong sales and cost cutting, said analyst Yang Jong-in.
IPTV, payment gateway and Internet of Things will serve as its growth momentum and revenue from IoT in particular will surge 50 percent on-year, forecast the analyst.
By Hwang You-mee (glamazon@heraldcorp.com)
