LG Electronics Posts Record Profit

Posted: July 26, 2009 in Tech

LG Electronics announced that its second-quarter net profit surged 62 percent to a record high of more than 1 trillion won despite the global economic gloom.

LG earned 1.15 trillion won ($921 million) in the three months ended June 30. Its net profit remained at 707 billion won a year ago.

Sales in the April-June quarter rose 17 percent to a record 8.48 trillion won from 7.23 trillion won a year earlier.

The result was boosted strongly by sales of mobile handsets and flat-screen televisions.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google+ photo

You are commenting using your Google+ account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )


Connecting to %s