OREANDA-NEWS. LG Electronics Inc. (LG) today announced its preliminary earnings results for the first quarter of 2017.

Tentative consolidated revenues for the first of 2017 is 14.7 trillion KRW and operating profit is 921.5 billion KRW. Revenues are expected to be 9.7 percent higher and operating profit 82.4 percent higher than the same period the year prior

                                                                                                                                          (Unit: KRW bn)

  2017 1Q

(Estimated)

2016 4Q QoQ 2016 1Q YoY
SALES 14,660.5 14,777.7 -0.8% 13,362.1 9.7%
OPERATING PROFIT 921.5 -35.2 N/A 505.2 82.4%