South Korean company LG Electronics announced its financial results for
the third quarter of 2012, which, she said, showed for all four units a
positive balance of operating profit.
Net income for the period amounted to 157 billion Korean won ($ 138.57 million) with an operating profit of 221 billion Korean won ($ 195.06 million), while a year ago, the company suffered losses. It is noted revenue decline of 4% to 12.38 trillion Korean won ($ 10.93 billion) due to the ongoing decline in sales and a general decline in demand for mobile phones.
Despite this fact, the company noted that its unit LG Mobile Communications Company showed an operating profit at around 22 billion South Korean won ($ 19.42 million), due, according to LG, good sales LTE smartphone in South Korea, Japan and USA. In addition, the continued expansion of sales geography new L-series smartphones. Compared to the previous quarter, as increased revenue units 5 percent to 2.45 trillion Korean won ($ 2.16 billion), while the supply of mobile terminals exceeded 14 million units, an increase of 9 per cent higher compared with the same piriodom.
The company expects a further increase in sales in value and quantity terms for the unit LG Mobile Communications Company.
Net income for the period amounted to 157 billion Korean won ($ 138.57 million) with an operating profit of 221 billion Korean won ($ 195.06 million), while a year ago, the company suffered losses. It is noted revenue decline of 4% to 12.38 trillion Korean won ($ 10.93 billion) due to the ongoing decline in sales and a general decline in demand for mobile phones.
Despite this fact, the company noted that its unit LG Mobile Communications Company showed an operating profit at around 22 billion South Korean won ($ 19.42 million), due, according to LG, good sales LTE smartphone in South Korea, Japan and USA. In addition, the continued expansion of sales geography new L-series smartphones. Compared to the previous quarter, as increased revenue units 5 percent to 2.45 trillion Korean won ($ 2.16 billion), while the supply of mobile terminals exceeded 14 million units, an increase of 9 per cent higher compared with the same piriodom.
The company expects a further increase in sales in value and quantity terms for the unit LG Mobile Communications Company.
No comments:
Post a Comment