The Korea Times
LG Electronics on Tuesday provided its earnings guidance for the first quarter of this year, predicting 1.67 trillion won ($1.1 billion) in operating profit and 23.73 trillion won in sales. Operating profit and sales rose 32.9 percent and 4.4 percent year-on-year, respectively, with the company posting record-high quarterly revenue. Operating profit also beat market expectations, as its response to United States tariffs and cost-cutting efforts paid off.
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