56963
LG Expects Quarterly Loss
LG Expects Quarterly Loss

LG Expects Quarterly Loss

LG Expects Quarterly Loss

Seoul-based LG estimated on Friday it fell to its first quarterly operating loss in six years in October-December. The world’s second-biggest television maker behind Samsung said it likely swung to a 35 billion won ($29.36 million) loss for the fourth quarter, its first since a bigger loss in the fourth quarter of 2010, AFP reported on January 6. LG said revenue for the quarter likely rose 1.5% to 14.8 trillion won. The firm did not disclose further details on its earnings and will release full results at the end of January.

Short URL : https://goo.gl/9mGieQ
  1. https://goo.gl/kOr4t6
  • https://goo.gl/kaHMw3
  • https://goo.gl/yHHACl
  • https://goo.gl/bM3865
  • https://goo.gl/c1Rf0X

You can also read ...

Curing existing patients also decreases the number of carriers able to transmit the virus to new patients.
Goldman Sachs has outdone itself this time. That’s saying a...
Transnational organized crime is involved in all forms of illicit trade, from human trafficking networks and tobacco smuggling, to trade of counterfeit goods.
Illicit trade in any of its forms—tobacco, pharmaceuticals,...
The vast majority of US businesses are pass-throughs, including those owned by President Donald Trump.
The US' Congressional Budget Office warned earlier this month...
Finland’s Nordea Bank Predicts Growth to Stagnate After 2020
Finnish economic growth is set to keep its strong path this...
The accumulation of bankruptcy cases means that  it sometimes takes about six months just to get  a new insolvency case admitted to court.
India’s revamped bankruptcy process is in full swing and...
Swiss Investor Confidence Weakest Since Late 2016
Switzerland’s investor confidence deteriorated further in...
Argentina Gets 32 Road Project Bids
Argentina says it received 32 bids for six road projects...
South Africa CCI at All Time High
Consumer confidence in South Africa touched an all-time high...

Add new comment

Read our comment policy before posting your viewpoints

Trending

Googleplus