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LG Reports Its Fantastic Arising Second-Quarter Net Profit0 comments

By Ruddy
Posted on 22 Jul 2009 at 9:56am

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The world’s second largest electronics producer; LG Electronics, seems to be more and more successful. Recently, it has reported its fantastic net profit in the second-quarter round that reach 1.15 trillion won or about 920 million dollars; it is 62% higher than before that reached 707 billion won, even it loss 197.6 billion won in January – March before.

LG Electronics recently get a very fantastic arisen in the profits in kinds of aspect such as the operating profit as much as 32% becomes 1.13 trillion won, the overseas units’ sales that reached 14.5 trillion won or about 13.8%; it’s recorded as the global basis. On the local; LG reaches 8.47 trillion sales and 714 billion won for the operating basis. It also gets increasing profits for the handset shipment that rise till 7.8%; about 285.7 billion won.

It is certainly a brisk achievement for LG Electronics. The leader of the company said that it is also caused by the newest launched model and great development of the handset so that it becomes popular in the market. LG Electronics is sure that it will reach more than 10% benefits in the third-quarter net profits of the marketing of flat TV and mobile phone; let’s see later.

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