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Published on July 11th, 2019 | by The GC Team

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LG Electronics sees 15.4% fall in Q2 operating profit

LG Electronics said it expects operating income to fall 15.4% on the same period last year, as it announced its preliminary earnings results for the second quarter of 2019.

Consolidated revenues for the quarter are predicted to be KRW 15.6 trillion, up 4.1%, with an operating profit of KRW 652.2 billion.

The Korean manufacturer’s final earnings results will be officially announced later this month.

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