April 27, 2024
Stocks & Bonds
[EQUITIES] ‘LG Electronics to outperform in Q1’
[THE INVESTOR]
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Its operating profit will come in at 904 billion won, 7.6 percent higher than market consensus, boosted by the expanding sales of premium televisions and household appliances, said analyst Kim Dong-won.
The operating profit ratio of TVs and household appliances would have reached 11.1 percent and 10.3 percent, respectively, he estimated.
Its earnings this year will reach a record high as revenue and operating profit will come in at 66 trillion won and 3.3 trillion won, up 8 percent and 34 percent on-year, respectively, forecast the analyst.
By Hwang You-mee (glamazon@heraldcorp.com)
