LG.Philips returned to profit in quarter
Article Abstract:
Second-quarter net profit for South Korean liquid crystal display firm LG.Philips LCD reached $247.6 mil, with sales rising by 45%. The company expects shipments of panels to increase between 13% and 19% over the third quarter, and anticipates a single-digit percentage increase in selling prices.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
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LG Electronics' net soars on investment gain
Article Abstract:
Third-quarter net profit for South Korea's LG Electronics Inc. rose nearly 15-fold to reach $369.8 mil, due primarily to gains from the firm's investment in LG.Philips LCD Co. and from strong handset sales. However, total sales dropped by 6%, while operating profit declined 53%.
Publication Name: Wall Street Journal. Europe
Subject: Business, international
ISSN: 0921-9986
Year: 2007
User Contributions:
Comment about this article or add new information about this topic:
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