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THE INVESTOR
April 26, 2018
Big Reunion

Stocks & Bonds

[EQUITIES] ‘LG Uplus remains solid in Q4’

  • PUBLISHED :December 27, 2017 - 17:59
  • UPDATED :December 27, 2017 - 17:59
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[THE INVESTOR]



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)

LG Uplus’ earnings will be solid in the fourth quarter and maintain an upturn next year, said Korea Investment and Securities on Dec. 27, maintaining a “buy” recommendation and 17,600 won (US$16.36) target price.

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