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LG Elec says Q2 profit likely similar to year ago
April 29, 2014 / 7:26 AM / 4 years ago

LG Elec says Q2 profit likely similar to year ago

SEOUL, April 29 (Reuters) - LG Electronics Inc said on Tuesday that it expects operating profit for the second quarter to be similar to that seen a year earlier.

The firm earlier in the day said it foresees better-than-expected earnings for the first quarter due to stronger returns from its television business. LG had reported an operating profit of 479 billion Korean won ($462.73 million) in the second quarter of 2013.

$1 = 1035.1500 Korean won Reporting by Se Young Lee

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