Home
Global Supplier Directory
APPLIANCE Engineer
Supplier Solutions
APPLIANCE Line
Whitepaper Library
Calendar of Events
Association Locator
Contents Pages
Market Research
Subscription Center


 
Daily News

LG Electronics Reports Q3 Results
Oct 19, 2004
 Printable format
 Email this Article
 Search

South-Korea based electronics producer LG Electronics Inc., announced its third-quarter net profits rose more than 30 percent on sales of mobile phones.

The company's net profit for the 3-month period ended September 2004 was 304.4 billion won (approx. U.S. $265.8 million), compared to 223.8 billion won (approx. $195.4 million) from the same period in 2003.

Sales rose 24 percent to 6.11 trillion won (approx. $5.3 billion), from 4.92 trillion won (approx. $4.2 billion) in 2003.

LG said it expects sales in the fourth quarter to rise 15 percent from 5.4 trillion won (approx. $4.7 billion), due to steady growth in handset exports. The company shipped 11.8 million handsets in the third quarter.

For the year, LG said it expects sales to reach about 24 trillion won (approx. $20 billion). This is higher than its earlier forecast of 22 trillion won (approx. $19.2 billion). (Associated Press)

Back to Daily News

 

Daily News

...........................................................

Oct 23, 2014: Whirlpool Corporation to Showcase Resource-Efficient Technologies at Greenbuild

Oct 23, 2014: CWIEME Chicago exhibition had record attendees

Oct 22, 2014: Middleby to add U-Line to residential appliance business

Oct 22, 2014: iRobot's 3Q exceeds expectations, driven by Home Robots growth

Oct 22, 2014: Whirlpool Canada named 2014 Energy Star Manufacturer of the Year

More Daily News>>

RSS Feeds
.........................................................
Appliance Industry
Market Research

...........................................................

September 2014: Appliance Industry Focus: HVAC
June 2014: Appliance Magazine Market Insight: April 2014
May 2014: Appliance Magazine Market Insight: March 2014
April 2014: Appliance Magazine Market Insight: February 2014




 
Contact Us | About Us | Subscriptions | Advertising | Home
UBM Canon © 2014  

Please visit these other UBM Canon sites

UBM Canon Corporate | Design News | Test & Measurement World | Packaging Digest | EDN | Qmed | Plastics Today | Powder Bulk Solids | Canon Trade Shows