LG Q1 net profit up 65.2% to $436.8 mil. - The Korea Times

LG Q1 net profit up 65.2% to $436.8 mil.

lg

The logo of LG Electronics is seen on a flag outside the company's Seoul headquarters in this undated photo. Yonhap

The logo of LG Electronics is seen on a flag outside the company's Seoul headquarters in this undated photo. Yonhap

LG on Thursday reported its first-quarter net profit of 608.5 billion won ($436.8 million), up 65.2 percent from a year earlier.

The company said in a regulatory filing that operating profit for the January-March period rose 51 percent on-year to 638 billion won. Sales increased 19.2 percent to 1.93 trillion won.

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